Because of a pension sweetener for politicians that Madigan helped create, the former speaker’s pension will spike more than $66,000 the year after his first full year of retirement, then grow 3% each year thereafter.
Turmoil overseas for the world’s leading exporter of crude oil will mean more pain at the pump for Illinoisans, after enduring a doubled state gas tax in July.
Illinois can do it the old way and raise taxes to deliver pork projects. Or Illinois can be smart and make each tax dollar work hard to deliver projects that help residents and the economy.
Illinoisans already pay some of the highest taxes in the country at the pump. But a political problem for Gov. J.B. Pritzker could mean they’ll pay even more.