Illinois

The sad but true history of Illinois’ credit rating

By Benjamin VanMetre
08/04/2014
Illinois has the lowest credit rating in the nation. The sad truth is Illinois hasn’t been a AAA-rated state since February 1979 – when a gallon of gas cost less than a dollar and the Dow Jones Industrial Average hovered in the low 800s. The state’s credit rating has been in a downward spiral ever...

U.S. workforce grows, Illinois’ shrinks

By Michael Lucci
08/04/2014
U.S. nonfarm payrolls added 208,000 workers in the month of July, against consensus expectations of 230,000, according to the Bureau of Labor Statistics. The national unemployment rate ticked up to 6.2 percent. However, one of the reasons for the increase is that the number of people in the workforce increased. It is healthy for workforce...

Shaming corrupt politicians with plaques

By Donovan Griffith
08/01/2014
The state of Pennsylvania isn’t afraid to shame their convicted politicians, and Illinois shouldn’t be either. Recently, Pennsylvania started shaming the lawmakers who have been convicted of a crime by adding a detailed plaque under their portraits hanging in the state Capitol building in Harrisburg. The plaques highlight offenses committed by convicted lawmakers, including the...

TAGS: Chicago, corruption, Pennsylvania

Wisconsin Supreme Court upholds union reforms

By Paul Kersey
07/31/2014
The Statehouse was packed. Protestors crammed the building, chanting, pounding drums and marching around with signs. The historic Wisconsin state Capitol had become overrun with sleeping bags and activists. In some cases, lawmakers were harassed. Doctors diagnosed fake illnesses so protestors could be excused from work. The Senate Democratic caucus fled the state. Within days,...

TAGS: U.S. Supreme Court, unions

Quinn passes the buck on cell-phone tax hike, Chicago cashes in

By Austin Berg
07/31/2014
Back on June 6, Illinois Gov. Pat Quinn signed legislation authorizing Chicago city officials to enact a 56 percent per-line 911 fee hike. This measure gave the city of Chicago the authority to raise the city’s per-line 911 fee to $3.90 from the old fee of $2.50. It didn’t take long for Chicago City Council...

TAGS: cell phone tax, taxes

Health insurance premiums increase across Illinois

By Bobby Shaw
07/30/2014
If you live in Illinois and have private insurance – either through your employer or purchased on your own – your premiums likely increased this year as a result of the Affordable Care Act, commonly known as ObamaCare. Instead of reducing premiums by an average of $2,500 per family as promised, ObamaCare has increased what...

401(k)-style retirement plans are the new normal; Illinois should get on board

By Benjamin VanMetre
07/30/2014
401(k)-style retirement plans have become America’s primary retirement vehicle. In 1985, only one in 10 Fortune 100 companies offered 401(k)-style retirement plans to their employees. Today, seven in 10 Fortune 100 companies provide only defined-contribution, 401(k)-style retirement plans to new employees. This trend is in line with the private sector overall, where nearly 85 percent of...

Capital bill waste shows need for reform

By Benjamin VanMetre
07/28/2014
Illinois is often seen as the poster child when it comes to bloated government, wasteful spending and public corruption. As a recent WICS news story highlighted, Illinois’ capital bill is a perfect example of why the state holds such a reputation: the state budget is chock full of wasteful spending and pet projects. Take Decatur...

TAGS: waste

Illinois’ disappearing workforce

By Michael Lucci
07/28/2014
Since the Great Recession began, Illinois’ workforce participation has dropped more than that of any other state in the Midwest. That means that working-age Illinoisans have given up and left the workforce more rapidly than in surrounding states. A full 3.9 percent of Illinois’ adult population has quit the workforce since January 2008. The state’s...

Illinois website transparency standards improved for 2015

By Brian Costin
07/25/2014
An online transparency bill inspired by the shocking Rita Crundwell corruption scandal that cost Dixon, Ill. taxpayers more than $53 million will take effect starting Jan. 1, 2015. House Bill 5503, introduced by state Rep. Tom Demmer, R-Dixon, will require Illinois counties and municipalities to be more transparent about how they spend taxpayer dollars. The...
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FAQ: How the federal scholarship program would help Illinois students

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...

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Diana Graham

Process for unionizing non-state workers raises red flags

By Paul Kersey
06/19/2014

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students

By Ted Dabrowski
05/02/2016