Illinois needs to begin an end to its pension crisis by expanding access to a standalone 401(k)-style plan to all government workers; the new proposal by the House GOP does not accomplish this.
Among the inspector general’s suggestions are shortening the length of contracts, allowing subcontractors to take over more services, and keeping employee compensation in line with what taxpayers can afford.
Illinoisans already pay the nation’s fourth-highest wireless taxes. But a new bill awaiting Gov. Bruce Rauner’s signature would make this burden even heavier.
Though Illinois Democrats insist Gov. Bruce Rauner’s reform agenda has nothing to do with the state’s budget, Rauner’s original proposed spending reforms would allow the state to balance its budget without hitting up taxpayers for more revenue.
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.