Chicago’s 2025 budget is facing a nearly $1 billion gap. Mayor Brandon Johnson’s plan to close it: increase taxes. The city’s rising non-personnel costs, now at $6.6 billion, will outpace its grant funding, squeeze taxpayers and increase regressive fees.
Illinois is at risk of getting in costly trouble with the federal government over its Tier 2 public employee retirement benefits. Here’s a solution that doesn’t make the state’s monstrous public pension debt even worse.
Published Sept. 26, 2023 America’s War on Poverty has been an abject failure. Nearly $12 trillion and 60 years later, official poverty rates remain basically unchanged. While the nation waged a well-intentioned assault on poverty, it inadvertently launched a far more sinister war: on dignity. While attempting to eradicate poverty, America created countless government welfare...
Couples’ wallets won’t feel the love this holiday as inflation soars and Illinois taxes kill the mood. Here’s how much extra a little romance will cost this Valentine’s Day.
Chicago property taxpayers face a nearly 5% hike this year after a decade in which their bills nearly doubled. The city failed to capitalize on the COVID-19 stimulus windfall like others did.
Dictating teachers’ salaries from Springfield would impose a costly mandate on local school districts and expose struggling homeowners across the state to property tax hikes.
Illinois students could soon benefit from scholarship money to help them find a tutor, attend ACT or SAT prep sessions, pay tuition, get special education services or assist with other academic needs. That will happen in Illinois only if Gov. J.B. Pritzker lets the state’s schoolchildren benefit from the Federal Scholarship Tax Credit program, established...