Decades of institutionalized financial mismanagement left Illinois with the nation’s worst fiscal health. Illinois House Speaker Mike Madigan has been at the center of nearly every bad decision along the way.
Illinois’ high levels of corruption damage the state’s economy, costing it $10.6 billion since 2000. States with higher levels of corruption average lower levels of economic growth.
The Illinois Department of Employment Security troubles included scores of unemployed unable to get benefits, nearly 32,500 Social Security numbers exposed and now benefits theft. A simple fix used by many online retailers could have prevented the thefts.
Four long-time Illinois General Assembly members who pushed through the “fair tax” referendum have been charged with crimes. A fifth faces a bribery investigation.
Three state lawmaker corruption probes led Illinois’ governor to call for three resignations, but the fourth involving Illinois House Speaker Mike Madigan received a weaker response.
Illinois House Speaker Michael Madigan’s relationship with ComEd is under strict scrutiny by federal investigators after he was implicated in bribery charges filed against the electrical company.