Illinois

Alaska’s bold solution to its pension crisis

07/25/2013
Illinois has the nation’s worst-funded pensions. Each Illinois household can expect to pay more than $40,000 in additional taxes to cover the pension shortfall if no reforms are passed. The size of the pension crisis demands that state lawmakers pass the boldest reforms in the country. Fortunately, Illinois lawmakers can look to the examples other states have...

IRS workers want an exemption from ObamaCare

By Paul Kersey
07/25/2013
Another union has lost its enthusiasm for ObamaCare – or at least for one major feature of the federalized health insurance scheme. The National Treasury Employees Union, or NTEU, is encouraging its members to write their congressmen in opposition to HR 1780, a bill that would have federal government workers use health insurance exchanges to buy health insurance....

FBI ethics probe causes Chicago alderman to hold off on White House honor

By Brian Costin
07/25/2013
On the same day the White House announced an honor for Chicago Alderman Joe Moore as a “pioneer for political reform, governmental transparency and democratic governance,” Moore also revealed that he had been questioned by the FBI in an ethics probe concerning some of his former employees. As the Chicago Tribune reported: The accusations involving...

U.S. House committee subpoenas Illinois’ new ObamaCare exchange insurance company

By Jonathan Ingram
07/23/2013
As we reported a few days ago, one of the five companies participating in Illinois’ ObamaCare exchange is Land of Lincoln Health Inc., a startup funded by a $160 million federal loan to cover about 20,000 individuals in 2014. In Vermont, the federally funded Vermont Health CO-OP was denied its state insurance license, with a state regulator noting that the...

North Carolina abandons progressive income tax to create jobs and opportunity

By Benjamin VanMetre
07/22/2013
North Carolina lawmakers reached an agreement last week to overhaul the state’s tax environment. The state made a lot of changes to its tax structure, but the biggest reforms included reducing North Carolina’s corporate income tax rate and exchanging the state’s progressive tax structure in favor of a flat tax. Gov. Pat McCrory provided the...

Obstructed views: Employee compensation hidden from view by Illinois counties

By Brian Costin
07/22/2013
Our local government transparency partners often report that employee compensation is almost universally the most in-demand transparency suggestion from our 10-Point Transparency Checklist. Not only is public worker compensation regularly the No. 1 budget area for most local governments, but it is also an issue that virtually everyone can understand. For example, Cook County’s budget is...

Number of Illinois unemployed tops 600,000 again in June

By Ted Dabrowski, John Klingner
07/20/2013
The U.S. Bureau of Labor Statistics, or BLS, reported Thursday that Illinois’ unemployment rate rose to 9.2 percent in June from 9.1 percent in May. Illinois still has the nation’s second-highest unemployment rate, a ranking it has held since March. Only Nevada has a higher unemployment rate at 9.6 percent. BLS also reported Illinois’ nonfarm payrolls increased by...

Five reasons why the university pension plan won’t solve Illinois’ crisis

By Benjamin VanMetre
07/19/2013
The Institute of Government and Public Affairs, or IGPA, a university-based research organization, recently developed a pension plan for Illinois. That plan was presented at a pension conference committee hearing earlier this month. But it’s not the type of reform Illinois’ needs. The IGPA plan fails to solve Illinois’ pension problem. Here are five reasons...

Taxing sophistry

By Benjamin VanMetre
07/18/2013
Earlier this month, the Chicago Tribune published an editorial sounding the alarm on “the next Illinois tax hike” – a progressive tax. While many in the state have come to recognize this upcoming tax fight, others, such as Jan Goldberg of Riverside, Ill., refuse to admit the truth. In a recent letter to the editor titled “Benefits of a...

Illinois unemployment above 10 percent in many metropolitan areas

By John Klingner
07/18/2013
Illinois has the nation’s second-worst unemployment rate. At 9.1 percent, it’s 1.5 percentage points higher than the national average of 7.6 percent. The lack of jobs continues to be a major burden to the people of Illinois, at both the state and local level. A year-over-year comparison of Metropolitan Statistical Areas, or MSAs, reveals an uneven...