Illinois

House budget full of pork

By illinoispolicy
05/15/2014
State politicians are in Springfield right now voting on budget bills that call for spending $3 billion more than the state will take in from income tax revenues. These budget bills are fraught with wasteful spending. Here are some examples: House Bill 6149 would appropriate a total of $1.8 billion from the General Revenue Fund...

Are you ready to pay $5,000 in higher taxes?

By Benjamin VanMetre
05/14/2014
The average Illinois family will be forced to pay thousands of dollars in higher taxes if Gov. Pat Quinn has his way. Illinois state government is predicting it will collect about $34.9 billion in tax dollars next year. So naturally, that’s how much Illinois state government plans to spend next year, right? Wrong. Quinn is...

Burnham’s $650K corruption scandal a lot like Dixon’s

By Brian Costin
05/14/2014
When it comes to government corruption, history often repeats itself in Illinois, both in terms of types of corruption and the failure of government to implement policies that could prevent it. Recently, federal authorities charged the village of Burnham’s long-time village clerk, Nancy Dobrowski, with stealing over $650,000 in funds from local taxpayers. Allegedly, Dobrowski...

The case for scrapping ObamaCare’s employer mandate

By Naomi Lopez Bauman
05/13/2014
Experts from both sides of the aisle are now calling on the Obama administration to eliminate the employer mandate from the president’s signature health-insurance law. A briefing paper released by the Robert Wood Johnson Foundation, a liberal-leaning foundation that previously supported former president Bill Clinton’s health-care plan and is now a major supporter of ObamaCare,...

New data show ObamaCare expanded insurance coverage to just 3% of uninsured Illinoisans

By Naomi Lopez Bauman
05/13/2014
Despite the recent back-slapping and self-congratulations from the Obama administration over the ObamaCare health exchange “enrollments,” there is little reason to believe that the health insurance overhaul is going to have a significant impact on expanding private health insurance coverage in Illinois. Based on national survey data, ObamaCare may have expanded private health coverage to...

Illinois’ 2011 income tax hike put brakes on jobs recovery

By Michael Lucci
05/13/2014
Illinois’ 2011 income tax hike helped put the brakes on the state’s private-sector jobs recovery. According to data from the Bureau of Labor Statistics, Illinois’ monthly job creation has slowed down since the 2011 tax hike. Meanwhile, the rest of the country has accelerated its jobs growth. The Great Recession began in January 2008, and...

The impact of Illinois’ education funding overhaul

05/12/2014
After months of hounding by Illinois legislators, the Illinois State Board of Education has finally released a preliminary analysis of Senate Bill 16, a proposed education funding bill that completely transforms how the state distributes money to local districts. Proponents of the bill say the bill makes education funding more equitable. But, as many suburban...

CEOs sound off on Illinois’ business climate

By Michael Lucci
05/12/2014
CEOs of major U.S. corporations went on record in Chief Executive Magazine’s “2014 Best and Worst States for Business.” Business leaders pulled no punches in their description of Illinois, going so far as to compare doing business in Illinois to doing business in a third-world country. The publication ranked Illinois at the bottom of the...

Illinois out-migration a reflection of mistrust in state politicians

By Jim Long
05/09/2014
Half the Illinoisans surveyed in a recent Gallup poll said they’d like to move to another state. This attitude isn’t a new trend. Between 1995 and 2009, the state lost on a net basis more than 806,000 people to out-migration. As Illinois lost residents, it also lost out on a net of $26 billion in taxable...

Illinois to lose nearly 800 jobs in coming months

By Hilary Gowins
05/09/2014
Illinois is bracing to lose another 776 jobs in the next few months. OfficeMax Inc. reported that it will lay off 137 workers in Ottawa. Naperville-based OfficeMax Inc. and Office Depot Inc., based in Boca Raton, Fla., merged in late 2013, and the company chose to locate its headquarters in Florida – not Illinois. Last...