House Bill 2622 would create a state-run workers’ compensation insurance company using a $10M loan from the Illinois Workers’ Compensation Commission Operations Fund.
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.