Great Recession

Illinois Forward: A 5-year plan for balanced budgets, declining debt and tax relief

By Adam Schuster
02/15/2020
The years 2010 through 2019 will go down in Illinois history as a decade of public policy failure and economic decline. High fixed costs for pensions and government worker health care have prevented the state from balancing its budget in any year since 2001. Since the Great Recession in 2008, the state’s fiscal imbalance has...

Illinois home price growth slowest in nation last year

By Bryce Hill
02/03/2020
Home price appreciation in Illinois was the slowest in the U.S. between the third quarter of 2018 and the third quarter of 2019, federal data showed.

TAGS: Chicago, Chicagoland, Cook County, government spending, Great Recession, home values, homeownership, household income, housing, housing market, ILGA: Illinois General Assembly, Illinois, income tax, Indiana, investment, JB Pritzker, Lake County, mortgage, recession, spending, Springfield, tax hikes, tax increase