The first step of passing a budget is to determine how much is available to spend. Illinois routinely misses the mark in estimating future revenues. There is a solution.

Illinois has a chance to fix its state finances, thanks to federal relief. But unless pension growth is brought under control, both retirees and taxpayers will be at risk as debt continues to consume state services.

Nearly one-third of the cell phone bills in Illinois are taxes

Two-thirds of voters polled favored a “fair tax” in March. On Election Day that flipped to 55% opposing it. Voters understood how the amendment could usher in retirement and other taxes, but tax proponents found it easier to claim deceit.

Income taxes rose 32% for individuals and 33% for corporations in 2017, raising Illinois’ total tax burden to at least sixth highest from 10th highest. More than $1.2 billion went to pensions and debt.