The Illinois Department of Employment Security announced today that the Illinois unemployment rate remained at 9.5 percent in March. Three months ago it was 8.6 percent.
Moodys is set to require states and local governments to use more transparent and realistic accounting rules when they report their true pension obligations. And that means Illinois debt and underfunding numbers will skyrocket.
Federal authorities have raided Sacred Heart Hospital on Chicagos West Side after alleged crimes of medically unnecessary sedation, intubation and tracheotomy procedures on patients in an attempt to defraud Medicare and Medicaid.
Texas Gov. Rick Perry wrote a letter to businesses in Illinois, offering them a way to escape the states dire fiscal mess and punishing business climate move to Texas.
Illinois Policy Institute, in partnership with the Union League Club of Chicago and its Public Affairs Committee, is hosting the Digital Learning Symposium in Chicago.
Early last week, members of the Illinois House Education Committee voted to allow an amendment to House Bill 494, which aims to establish a three-year moratorium on virtual schools in Illinois, to go to the House floor.
Illinois’ tax code stands in the way of the state’s economic competitiveness. The combination of high tax burdens and a poor tax structure contributes to the loss of jobs and investment to other states. From a place of former economic dominance, Illinois now ranks 45th in gross state product (GSP) growth over the past decade...