Illinois’ housing price growth remains well below the national average because of lagging demand, caused in large part by tax policies that make people hesitant to spend.
Gov. J.B. Pritzker inherited a $2.8 billion budget deficit the moment he stepped into office. Next year, that deficit is projected to be $3.4 billion1. It’s the same story every budget season. But Illinois’ budget crises could be a thing of the past if the state would adopt pension reform, right-size its union contracts and...
Illinois’ fastest-growing jobs sector in 2018 was government – another sign the state needs pro-growth reforms to keep up with the rest of the country.
Frustration over high taxes and government waste in Illinois need more than an angry social media post or a moving van. Some residents of McHenry County, Illinois, acted, and are winning reforms.
It’s the fifth year in a row Illinois has lost people. And the fifth year in a row that the loss has gotten worse. No other state finds itself adrift in five consecutive years of worsening population decline.
Overly optimistic expectations about investment returns mean Illinois is understating its pension debt. That could lead to a nasty surprise for future taxpayers.