California

Pool of ObamaCare insurance providers continues shrinking in Illinois

By Jonathan Ingram
07/17/2013
The nation’s largest insurance company, UnitedHealth Group, won’t be participating in Illinois’ health insurance exchange, Crain’s Chicago Business reported on Monday. UnitedHealth Group is the second-largest insurance company in Illinois’ nongroup market, the market in which the exchange will operate. Although state officials recently predicted 16 insurance companies would participate in the exchange, Crain’s reports that just...

Houston woos Dwight Howard with state income tax

By Hilary Gowins
07/05/2013
In the wake of Lebron James’ second-straight NBA title and the end of the professional season, free agents across the league are considering their next moves. Some of the biggest names to enter the free-agent fray include the Los Angeles Lakers’ Dwight Howard and New York Knicks sixth-man, J.R. Smith. As these athletes consider their decision, they’ll...

TAGS: progressive income tax, taxes

Illinois’ seemingly endless appetite: another $1.3 billion borrowing

06/27/2013
by Ted Dabrowski As if Illinois didn’t have enough debt to deal with, the state borrowed another $1.3 billion. The state says it needs the money for infrastructure projects. Illinois tapped the bond markets despite the current fallout from the state’s failure to reform pensions and the recent bond market instability, which drove states like...

Illinois’ 102 county online transparency audit

By Brian Costin
06/27/2013
One of the best protections against corruption is transparency, and in today’s digital age one of the easiest ways for government to be open and accountable is through posting public documents on the Internet. Unfortunately, most Illinois counties need to dramatically improve when it comes to online transparency. The Illinois Policy Institute recently audited all...

Moody’s downgrades Illinois credit rating: 13th credit downgrade under Quinn

06/06/2013
by Ted Dabrowski Moody’s Investors Service downgraded Illinois’ credit rating to “A3” from “A2” after the General Assembly failed to move forward on pension reform before the end of the spring legislative session. The rating agency also says it has a negative outlook on Illinois’ credit: “The negative outlook reflects our expectation that Illinois’ pension...

Fitch downgrades Illinois after lawmakers fail to pass pension reform

06/03/2013
by Ted Dabrowski Fitch Ratings downgraded Illinois’ credit rating to “A-” from “A” after the General Assembly failed to move forward on pension reform before the end of the spring legislative session. In its statement announcing the downgrade, Fitch called Illinois’ pension liability “unsustainable” and said it was concerned about the state being able to...

California lawsuit seeks to end practice of forced union dues

05/09/2013
by Paul Kersey In Illinois and many other states, government workers are often forced to pay union dues in order to hold on to their jobs. But a lawsuit filed on behalf of teachers in California may bring this practice to an end. Union officials use forced dues to fund massive political and lobbying drives...