By illinoispolicy
05/15/2014
State politicians are in Springfield right now voting on budget bills that call for spending $3 billion more than the state will take in from income tax revenues. These budget bills are fraught with wasteful spending. Here are some examples: House Bill 6149 would appropriate a total of $1.8 billion from the General Revenue Fund...
By Brian Costin
05/06/2014
April was a very busy month for public corruption stories in Illinois. In total, there were 45 different public corruption-related news stories in just 30 days. A full list of those stories can be found here. Here are the April inductees to the Illinois Hall of Shame: 5. The city of Chicago spent more than...
By Brian Costin
04/30/2014
45. April 30, 2014 Sun-Times: Criminal probe of Quinn anti-violence plan rocks governor’s race A criminal grand jury has launched a probe into Gov. Pat Quinn’s troubled anti-violence program — once likened to “a political slush fund” — delivering a major blow to the Democrat as he seeks re-election this fall. On Tuesday, the Quinn...
By Michael Lucci
12/19/2013
Archer Daniels Midland, an Illinois-based agribusiness giant, announced today that it will move the company’s global headquarters from Decatur, Ill., to Chicago, despite a tax incentive bill worth $30 million to ADM being stalled in the Illinois General Assembly. The decision keeps 60 to 75 executive-level jobs in Illinois, and comes a week after Office...
TAGS: Archer Daniels Midland, Chicago, cronyism, taxes
By Hilary Gowins
08/03/2013
By Hilary Gowins
07/03/2013
Allstate Corp. tops the list of Illinois companies planning layoffs, according to a June report from theIllinois Department of Commerce and Economic Opportunity, or IDCEO. The Northbrook-based insurance company is planning to lay off 348 workers from its Woodridge, Ill., location as part of a restructuring effort to reduce expenses. Under IDCEO’s Illinois Worker Adjustment and...
Illinois Policy Institute Executive Vice President, Kristina Rasmussen, joined WCIA-3‘s Steve Staeger to discuss the lack of grant monitoring in Illinois. Almost half the state’s budget goes to grants. Some go to smaller government bodies, others to non-profits. The money is supposed to be spent on good causes, things to help people. But, in recent...
By Benjamin VanMetre
12/27/2012
Imagine an Illinois economy so vibrant that companies felt they had to be in Illinois to reach their fullest potential. Imagine a tax environment so competitive that companies across the country battled to get a piece of Illinois real estate. Keep imagining, because this certainly isn’t a reality. The fact is, Illinois ranks 48th in economic...
TAGS: cronyism
By Benjamin VanMetre
12/11/2012
Ready for a weekend of entertainment? Start by cruising around a shopping festival on Chicago’s Magnificent Mile. Then get some exercise on the eco-friendly, customized ziplines built by Shawnee Bluffs Canopy Tour Inc. in Williamson County. If that’s not enough, hit the wrestling matches at the Dual Meet Nationals in Springfield. Won’t be able to...
By Benjamin VanMetre
11/26/2012
Providing entertainment may seem like a far cry from an essential government service, but not in Illinois. The Illinois Department of Commerce and Economic Opportunity (DCEO) doles out hundreds of millions of taxpayer dollars in grants each year. Funding entertainment is one of the many ways in which this money is used. The...
