The status quo isn’t working for Illinois; the state needs serious reforms to get its spending under control, pay down its debt, and rein in the taxes that are driving its people across state lines.

As pressure mounts on state senators and representatives to vote in favor of multibillion-dollar tax hikes, lawmakers should remember the promises they’ve made to taxpayers.

The Illinois Senate’s budget “compromise” hits Illinoisans with more than $5 billion in tax hikes, continued budget deficits and no real reforms.

Despite declining tax revenues and warning signs of a possible recession, Illinois lawmakers in Springfield are mulling tax hikes.

The Nov. 8 election saw Madigan lose his supermajority in the Illinois General Assembly. Now, two Democrats are calling on the speaker to present his solution set for a state in fiscal crisis before pledging to vote for his re-election as House speaker.

Chicago Public Schools’ postponement of its $875 million bond sale indicates investors’ concerns over the financial state of the district.

Illinois has gone without a comprehensive budget for six months.

State politicians will decide the fate of Chicago’s demand for more money, but a budget vote isn’t likely before January 2016.