Illinois Senate

Illinois politicians vote to divert $300M from state coffers to fuel local spending

By Amy Korte
03/16/2017
Despite Illinois’ billions in deficit spending and skyrocketing debt, the Illinois House of Representatives passed House Bill 278, which would transfer an additional $300 million per year of state income tax funds to local governments, continuing to prop up local overspending that fuels high property taxes.

TAGS: Illinois House of Representatives, LGDF: Local Government Distributive Fund, property taxes

Illinois politicians’ remedy for state flirting with recession? Multibillion-dollar tax hikes

By Ted Dabrowski, Craig Lesner
02/08/2017
A new report from the Commission on Government Forecasting and Accountability shows Illinois has experienced falling tax collections, which may indicate trouble in the state economy; spending reforms – not tax hikes – are what Illinois needs to right its fiscal ship and boost economic growth.

TAGS: AFSCME: American Federation of State County and Municipal Employees, Christine Radogno, corporate income tax, income tax, John Cullerton, Medicaid, pensions, property taxes, sales tax, taxes