Egan-Jones on Chicago, S&P blames Moody’s and a message to bondholders
Taxpayers need protection when municipalities go bust.
4 ways to break out of Illinois’ pension trap
Causes, costs, how to set the state free
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5 things you need to know about Chicago’s credit downgrades
Talk of the next Detroit rings truer now than ever before.
Think tax hikes will fix Illinois’ pension crisis? Think again
More revenue can’t fix a fundamentally flawed system. Illinois lawmakers should know this; they tried that approach and failed.
Moody’s downgrades Chicago to junk-bond status in wake of pension ruling
Expect local-government finances across the state to spiral downward until politicians pass a constitutional amendment.
Supreme Court ruling to Illinois businesses: Get out while you still can
Illinois lawmakers have tried and failed to fix a broken system through tax hikes.
Illinois Supreme Court: Nothing is more important than government workers’ right to your tax dollars
In their SB 1 ruling, Illinois Supreme Court justices indicate that paying for pensions is more important than funding core government services.
Corruption Watch: April 2015
April saw two major players in Illinois education ensnared in charges of cronyism, among more than 60 other corruption-related stories.
Illinois Supreme Court strikes down pension law
Illinois’ political elite devised a pension scheme that was never affordable for Illinois taxpayers.
Illinois Supreme Court rules pension law unconstitutional
The Illinois Supreme Court on Friday unanimously ruled the state’s pension law, SB 1, unconstitutional. Summary of the Illinois Supreme Court decision.
Stop, wait a minute: The saga of Senate Bill 1
Illinois desperately needs a final ruling on SB 1; the clock is ticking.
