Illinois

Report shows Illinois government pension crisis worst in U.S.

By LyLena Estabine
07/31/2025
Illinois has the nation’s worst public pension crisis. Nationwide analysis from the Equable Institute shows Illinois state pensions remain fiscally unstable and threaten retirees and taxpayers, underscoring the need for reform.

Chicago pension sweetener would add $11.1 billion in liabilities

By LyLena Estabine
07/25/2025
State lawmakers boosted benefits for Chicago police and firefighters in the final days of the legislative session. Gov. J.B. Pritzker should reject this bill, or else it will add billions in debt to an already struggling city.

No. 2 no more: Illinois property taxes rank highest in U.S.

By Charlotte Rotkis
07/25/2025
Illinois just ranked as having the highest property tax rate in the country. Property taxes in Illinois are an especially heavy burden without the tradeoff seen in states such as Texas or New Hampshire, where there are either no sales taxes or income taxes.

TAGS: property taxes

5 years later, Metra, CTA, Pace nowhere near pre-COVID levels

By Ravi Mishra, Dylan Sharkey, Charlotte Rotkis
07/25/2025
Ridership on Metra, the Chicago Transit Authority and Pace is still down 30% from pre-pandemic levels. The agency overseeing all three needs to look at spending before demanding $1.5 billion from taxpayers.