California

Illinois’ ObamaCare exchange and Gov. Quinn’s failed math

By Naomi Lopez Bauman
09/24/2013
A Sept. 24 press release from Gov. Pat Quinn’s office announced with excitement that Illinois’ health insurance premiums under the state’s ObamaCare health insurance exchange would be lower than previous government estimates. This statement implies that Illinoisans won’t see their insurance premiums go up despite the massive health insurance expansion about to unfold under ObamaCare. But what...

Illinois: nation’s 2nd-highest unemployment rate for sixth straight month

By Ted Dabrowski, John Klingner
09/21/2013
ix months ago, Illinois overtook California to become the state with the second-highest unemployment rate in the nation, behind only Nevada. It hasn’t budged since. Today’s release from the Bureau of Labor Statistics details yet another month of stalled unemployment numbers for Illinois. The state’s August unemployment rate remained at 9.2 percent – 1.9 percentage...

Less-bad news is still bad news

By Naomi Lopez Bauman
09/09/2013
If you were told that your health insurance premiums would be doubling next year, would you be celebrating? Only if you were expecting them to triple. A new study of ObamaCare health insurance premiums in 17 states and the District of Columbia suggests that the cost for consumers will be lower than the previous Congressional Budget Office...

Detroit: A story that must be told

By Ted Dabrowski
08/23/2013
Two weeks ago I took in the demise of Detroit with my own eyes. I was fortunate to be with my colleague, Detroit native Paul Kersey. As we embarked on the trip, he told me “Detroit is a story that must be told.” He was right. I’d seen the pictures and knew the history, but...

TAGS: Detroit

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...