Illinois

Pritzker’s accounting gimmicks can’t fix pension crisis, but real reform can

By Adam Schuster
02/21/2020
Illinois Gov. J.B. Pritzker previously floated a pension plan that included pawning-off state assets, taking on more high-interest debt and reducing pension funding before walking back the plan amid criticism. Here’s a real solution.

TAGS: bonds, budget, COLA: cost of living adjustment, credit rating, fair tax, Illinois Constitution, Illinois Department of Revenue, JB Pritzker, Moody's Investor Service, pensions, progressive income tax, Standard & Poor's

Records involving Madigan sought by federal probe into southwest Chicago suburb

By Brad Weisenstein
02/21/2020
Federal investigators are seeking records from a small village near Chicago. The subpoena names Illinois House Speaker Mike Madigan, his political lieutenants and former ComEd lobbyists.

TAGS: Chicago, Commonwealth Edison, conflict of interest, corruption, ethics, FBI: Federal Bureau of Investigation, federal investigation, IRS: Internal Revenue Service, Kevin Quinn, Marty Quinn, Michael McClain, Mike Madigan, red light cameras, revolving door, Timothy Mapes