Illinois' unfunded statewide public pension liabilities grew another $1.5 billion in the past year. Better investment returns couldn’t keep up with public worker pensions growing faster than projected.
Chicago speed cameras sent drivers $28 million less in tickets through September than during the first nine months of 2023. Annual revenues could spike again under proposals to drop the citywide speed limit or boost the number of cameras.
Published Sept. 26, 2024 Illinois is in the midst of a housing affordability crisis. Over a third of residents are considered “burdened” by housing costs, meaning they pay over 30% of their income on costs related to housing. That is a greater portion of residents burdened by housing than any other state in the Midwest....
Published July 9, 2024 America is facing a housing affordability crisis. According to a 2022 survey, 73% of Americans said the average person could not afford a home in their area, and 69% were worried about their children and grandchildren being able to afford a home. That’s unfair. Everyone deserves a good roof over their...
Phoenix, Arizona, established a program to streamline building permits for certain projects. It has seen results. It could help Illinois’ drop in housing permits.
There are 18 private school choice programs called “education savings accounts” in 16 states and growing. But Illinois leaders refuse to let parents decide how their taxes are used to educate their children.
Chicago speed cameras hit motorists with over $102 million in fines during 2023, and $879 million total since they started flashing a decade ago. The mayor promised to eliminate the automated traffic cams, which issued a ticket every 20 seconds last year.
The Education Freedom Tax Credit, also known as the Federal Scholarship Tax Credit, will give Illinois students access to donor money if the state opts into the program.