Chicago

Why are Illinois Democrats preparing to bail out bankers and cash-strapped local governments?

By Michael Lucci
04/03/2017
Bailout bills moving in the Illinois General Assembly would attempt to turn Illinois’ massive debt problems into guaranteed profits for banks and bondholders and a lower standard of living for other Illinoisans.

TAGS: bonds, budget, CTA: Chicago Transit Authority, general obligation bonds, grand bargain, John Cullerton, LGDF: Local Government Distributive Fund, property taxes, RTA: Regional Transportation Authority

Illinois House passes bill to allow residents to dissolve townships

By Brendan Bakala
03/30/2017
On March 29, the Illinois House of Representatives voted almost unanimously in favor of allowing voters to decide on local government consolidation – a crucial component of shrinking local government spending, which drives up property taxes. State Rep. Tom Demmer, R-Dixon, sponsored House Bill 496, which received bipartisan support – more than a dozen representatives...

TAGS: local government consolidation, townships