Illinois

End legislative pensions in Illinois

06/23/2014
Illinois’ lawmakers often blame unions for the Illinois General Assembly’s inability to pass real pension reform. “The unions will never allow it” is the common chorus when it comes to proposing bold reforms like those recently passed in Oklahoma, which put nearly all new state workers on 401(k)-style plans, or those passed in many other...

TAGS: 401(k), pensions

Hoosier playbook: How Indiana lures Illinoisans with opportunity

By Michael Lucci
06/23/2014
Illinoisans cross the border to become Hoosiers at a stunning rate. Illinois had a net loss of 4,100 people and $76 million of annual income to Indiana in 2010 alone, the most recent year of Internal Revenue Service data. That’s because for every three people who left Indiana for Illinois, four left Illinois for Indiana. Illinois’ losses to Indiana are...

Illinois private-sector payrolls fall by 5,400 as workers leave workforce

By Michael Lucci
06/20/2014
Illinois’ unemployment rate fell to 7.5 percent from 7.9 percent month-over-month, according to the Bureau of Labor Statistics’ most recent household survey. But there’s no reason to celebrate. Payroll jobs shrank by 2,600, with a loss of 5,400 private-sector jobs and an increase of 2,800 government jobs. The decline in the unemployment rate was driven...

TAGS: BLS: Bureau of Labor Statistics, unemployment

‘Keep Your Promise’: IL lawmakers must let temporary tax hikes sunset

By Benjamin VanMetre
06/20/2014
Temporary tax hikes notoriously stick around longer than planned. Pennsylvania passed a 10 percent tax on alcohol to pay for damage from a flood in 1936. The state continued to levy the tax after the flood damage was paid for. Today the rate is 18 percent. But lawmakers across the country have been better at...

TAGS: income tax, taxes

Chart of the Week: What ObamaCare grant paid state’s Democrat insiders

By Naomi Lopez Bauman
06/18/2014
If you have any doubt that political cronyism isn’t alive and well in Illinois, look no further than an ObamaCare scandal that broke late last week. Investigations by the Associated Press and Crain’s found that a subcontractor to a $33 million ObamaCare grant was billing at $282 per hour. Turns out the subcontractor is owned...

TAGS: cronyism, Lisa Madigan, Mike Madigan, Pat Quinn, Richard Daley

Crony community development organization thinks ‘Mike’s’ is ‘too ghetto’

By Bryant Jackson-Green
06/16/2014
A Chicago business owner was told that his nickname – “Mike” – was “too ghetto” to be in the name of his own store. Mike Sharma was told by the University Village Association, or UVA, that his store’s intended name, “Mike’s Wine and Spirits,” wasn’t classy enough for the Little Italy neighborhood. As part of...

A tale of two governors: Wisconsin vs. Illinois

By Michael Lucci
06/16/2014
In January 2011, the governors of Wisconsin and Illinois took office for their first elected terms. They set their states on two very different paths: one that led to recovery, and one that led to further decline. Gov. Pat Quinn saw a hole in pension funding, so he raised income taxes on all Illinoisans by...

Small businesses give Illinois an F

By Michael Lucci
06/16/2014
The 2014 Thumbtack.com Small Business Friendliness Survey asked 13,000 small businesses across the U.S. to grade the friendliness of their state and locality. Illinois businesses gave the Land of Lincoln an F. Ever the golden child, Chicago earned a D+. These grades are unacceptable. Illinois’ small businesses are sounding the alarm for what’s causing Illinois’...

Lawmakers sweeten pitch for the Obama library with taxpayer dollars

By Jane McEnaney
06/16/2014
Today is the submission deadline for proposals to the Barack Obama Foundation, the organization tasked with accepting bids from various contenders vying for Obama’s future presidential library and museum. The competition as it stands is between Hawaii, New York and Illinois; where President Obama was born, where he received his undergraduate degree and where he...

Political insiders receive multi-million-dollar contract to promote ObamaCare in Illinois

By Naomi Lopez Bauman
06/13/2014
Get Covered Illinois has been hit by two scandals in as many days. A recent Associated Press (AP) investigation into a $33 million federal grant to promote ObamaCare in Illinois revealed that “More than 90 people, including executives from the firm and its subcontractors, billed at least $270 an hour for salary and overhead during...