Illinois

Illinois’ low social mobility: causes and cures

01/28/2025
Published Jan. 28, 2025 Illinois Policy Institute Center for Poverty Solutions, in partnership with the Archbridge Institute By Joshua Bandoch, Ph.D., head of policy, Illinois Policy Institute and Justin Callais, Ph.D., chief economist, Archbridge Institute EXECUTIVE SUMMARY A low-income person’s ability to move up in society is worse in Illinois than in any other Midwestern...

3 ways to balance Chicago’s next budget without tax hikes

By Ravi Mishra, Lauren Zuar
01/20/2025
Chicago might have just avoided a property tax hike, but city leaders couldn’t figure out how to pass the 2025 budget without other tax and fee increases. Here’s what the city should do to avoid repeating the same budgeting mistakes next year.

TAGS: Chicago

5 principles to guide Illinois’ public pension reform

By LyLena Estabine
01/16/2025
With nearly $214 billion in state and local pension debt threatening both retirees and government finances, Illinois needs a new path forward. Here are five principles to guide the state, protect taxpayers and safeguard public servants.