The governor-elect could deliver a blow to Illinois’ pension woes, with or without SB 1, by pushing for 401(k)-style plans.

As the state of Illinois moves deeper into budgetary crisis, the people of Illinois are depending upon government leaders to confront serious fiscal challenges with maturity, wisdom, courage and responsibility. The character exhibited by our governor and legislative leaders in this crisis will determine the trajectory of our state for years to come. Focus on...

Does bad blood between political leaders justify bad public policy? Most Illinoisans don’t think so, especially when the result is legislation that exempts their lawmakers from budgetary oversight. Earlier this year, at the midnight hour of spring session, Illinois’ legislative leaders carved out a special exemption for themselves from the state budgeting process. They enacted...

According to ratings agency Standard & Poor’s 500 Illinois’ credit rating is the worst among the 50 states. We are the only state in the country with an A- credit rating – on par with nations such as Botswana, Latvia and Slovenia And Illinoisans should be aware of the possibility that we could be headed...