The former chair of the influential Senate Transportation Committee is the fourth Illinois politician indicted on federal charges amid a sweeping FBI probe.
Illinois’ uneven recovery reflects national trends, but also raises important questions about the state’s economic future ahead of a key tax hike vote.
Across all five state retirement systems, typical career workers pay for about 5% of the cost of their pension benefits. They receive an average of $1.7 million to $3.6 million.
Illinois Gov. J.B. Pritzker has used his private fortune to pay $3 million in state expenses, including boosting salaries of 16 top staffers. Some lawmakers want the ‘unethical’ practice to stop.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.