California

As Cost of Borrowing Goes Up, the State Ups the Borrowing

06/30/2010
by Amanda Griffin-Johnson In the Examiner last week, I outlined how Illinois’s credit rating fell as it continually failed to address the state’s dire fiscal condition. The state’s credit swap costs surpassed California’s, and now the costs have reached record highs. Bloomberg reports that the “cost of an Illinois credit-default swap has more than doubled since April 5 to a...

Minimum Wage: Hurting More than Helping

By Kate Campaigne Piercy
06/30/2010
The Problem Illinois’s minimum wage, already high at $8.00 an hour, is set to increase by another 25 cents on July 1, 2010. This ill-timed hike in the minimum wage will hurt low-skilled workers and the small business owners who want to employ them. With each of Illinois’s neighboring states having a lower minimum wage,...

Downgraded

06/28/2010
by Kristina Rasmussen You read last week about Illinois’s dubious race to the bottom with California, Iraq, and Iceland for the status of “riskiest borrower.” Have we always been such a fiscal basket case? No. Senate Republican staff took a closer look at our state’s history of rating downgrades. It turns out that Illinois has only been downgraded...

Illinois Is the New California

06/22/2010
by Kristina Rasmussen The Manhattan Institute’s Josh Barro has an excellent column on RealClearMarkets today in which he explains how Illinois overtook California as America’s least creditworthy state and why our Pension Funding & Fairness Act is a good way back to fiscal sanity: If you go to Sacramento this week, don’t be surprised to hear champagne corks popping and...

How Does the Illinois Constitution Stand Up?

By Chris Andriesen
09/17/2009
Overview In an era of burgeoning federal government power, state constitutions are full of untapped potential; many provide stronger protection of individual freedoms than the federal constitution.  But realizing that potential requires recognizing its existence and assessing which state constitutions offer the best opportunities for securing the principles of limited government. “50 Bright Stars: An...

Taking Illinoisans for a Ride – High-Speed Rail

By Chris Andriesen
07/09/2009
The Problem Would you pay $1,000 so that someone–probably not you–could ride high-speed trains less than 60 miles a year? Probably not. Yet, that’s what the Federal Railroad Administration (FRA) high-speed rail plan is going to cost: at least $90 billion, or $1,000 for every federal income taxpayer in the country. Who will ride these...

Health Care Mandate Mania

By Chris Andriesen
06/25/2008
What to do about 47 million uninsured nationwide and 1.4 million Illinoisans without insurance?  This has become a central issue in the debate over health care.  In recent years, mandates, both on individuals and businesses, have emerged as a popular solution among policymakers to address the chronic problem of the uninsured and uncompensated care. Last...
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Chicago Forward 2026: A pro-growth plan to end city budget deficits

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.

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Diana Graham

Process for unionizing non-state workers raises red flags

By Paul Kersey
06/19/2014

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students

By Ted Dabrowski
05/02/2016