Illinois state lawmakers had tried to bump their pay by 5.5%, but that violated the state constitution. The must settle for 5%, meaning they will make nearly $90,000 a year.
Illinois’ rainy-day fund is at an all-time high, but remains $6.6 billion less than recommended by state budget experts. Illinois state government can operate for fewer than 13 days on what it’s saved.
Illinoisans will notice more expensive food July 1 when Gov. J.B. Pritzker’s election-year suspension of the grocery tax expires. Only Illinois and 12 other states will tax groceries then.
The U.S. Supreme Court ruling in favor of Illinois state worker Mark Janus in 2018 gave government workers the ability to stop funding government union politics. Chastened unions could have reformed. Instead, they got extreme.
Illinoisans face the second gas tax hike of 2023 on July 1. The 3.1 cent hike doesn’t need lawmaker approval, thanks to state leaders implementing automatic gas tax hikes.
Illinois celebrated its highest graduation rate in a decade. But high school student proficiency and average SAT scores are dropping as chronic absenteeism increases across the state.
While government jobs outpaced the overall growth for the month, manufacturing and construction took the biggest losses as the unemployment rate remains among the worst in the nation.
It’s a simple choice for Illinois’ top legislative leaders this fall: listen to the over $1 million each got in campaign cash from teachers unions, or back the futures of 9,600 low-income students with a tax credit that is barely a blip in the $50 billion state budget.
Being in the top 10 of Illinois’ five statewide pension systems is an investor’s dream and a taxpayer’s nightmare. The median investment is shy of $166,000, but the estimated lifetime payout is $5.5 million.
Illinois students could soon benefit from scholarship money to help them find a tutor, attend ACT or SAT prep sessions, pay tuition, get special education services or assist with other academic needs. That will happen in Illinois only if Gov. J.B. Pritzker lets the state’s schoolchildren benefit from the Federal Scholarship Tax Credit program, established...