As the state of Illinois moves deeper into budgetary crisis, the people of Illinois are depending upon government leaders to confront serious fiscal challenges with maturity, wisdom, courage and responsibility. The character exhibited by our governor and legislative leaders in this crisis will determine the trajectory of our state for years to come. Focus on...
The recent Illinois Supreme Court ruling on state retiree health insurance benefits creates a major problem for both the state and local governments. The court ruled that retiree health insurance benefits are protected by the pension protection clause of the Illinois Constitution. The ruling will make it difficult to reform retiree health benefits and to...
Unfortunately for taxpayers, June was a groundbreaking month for corruption in Illinois. In June alone, there were reports of 85 corruption-related stories in the state. Some of the record-breaking highlights include the following: For the first time in 33 years, the Illinois Legislative Audit Commission exercised its subpoena powers in the issuance of a subpoena...
The driving goal of the Illinois Policy Institute is to transform liberty principles into marketable policies that become law. The ultimate sign of success is when free market ideas are enacted into laws that change Illinoisans’ lives for the better. Illinois Policy Action’s 2014 legislative agenda emphasized the importance of a financially responsible and limited...
The Illinois Constitution is clear: the Illinois General Assembly’s spending in any fiscal year “shall not exceed the funds estimated by the General Assembly to be available during that year.” The General Assembly has officially estimated how much money the state will have available in fiscal year 2015: about $34 billion. Yet the spending proposed...
Policymakers in Illinois spent this spring debating whether the state should adopt a progressive tax scheme. At one point, there were as many as seven different tax structures being considered in Illinois. Supporters of the progressive tax fought for an amendment to the Illinois Constitution to allow such a change. Their efforts were rejected, and,...
Illinois is one of only 14 states that doesn’t have some form of gubernatorial term-limits. A proposal introduced by Illinois State Senate Republican Leader Christine Radogno (R-Lemont) and Illinois House Republican Leader Jim Durkin (R-Western Springs) would give Illinois voters an opportunity to change that this coming November by enacting eight-year term limits on executive...
House Speaker Mike Madigan has proposed an extra tax on million-dollar incomes. His proposed legislation, HJRCA51, would amend the Illinois Constitution to impose an additional tax of 3 percent on income over $1 million. This tax won’t touch any millionaires who don’t want to pay it. They’ll simply leave, and they are well-equipped to do so. The middle...