In Illinois, there are two types of annual, statutorily-obligated legislative sessions. Regular Session: The General Assembly convenes its regular session in January and adjourns in May or June every year. During regular session, legislators vote on a myriad of bills, the movement of which is usually slow. Veto Session: When the legislature reconvenes for a two-week...
US labor report Many analysts are challenging the 0.3 percentage point drop in the nation’s September unemployment rate released this morning by US Bureau of Labor Statistics. The BLS announced the unemployment rate dropped to 7.8 percent from 8.1 percent in August. The unemployment rate, which is now below 8 percent for the first time...
by Diane Cohen, General Counsel, Liberty Justice Center When Illinoisans go to the polls on November 6, they will vote on a proposed constitutional amendment to the Illinois Constitution that would require a 3/5 supermajority vote by the General Assembly on any bill increasing pension or retirement system benefits for government employees and officials. The...
Since 2010, the Illinois Policy Institute has been working hard to ensure local government transparency and accountability to taxpayers. With our Local Transparency Project, we’ve been pushing school districts to post employee compensation online. Employee compensation transparency is especially important when it comes time to negotiate collective bargaining agreements. Without transparency, it’s hard for citizens to...
Last week, Moody’s Investors Service downgraded the credit rating of Chicago Public Schools. Today, it’s Fitch Ratings that’s downgrading CPS. The school district’s credit rating now sits at A with a negative outlook, the same rating given to Illinois, which has the lowest rating of all 50 states. According to Fitch, the downgrade was caused by the district’s deteriorating...
The nation’s unemployment rate increased to 7.9 percent in October from 7.8 percent in September, according to the Bureau of Labor Statistics. If that number is a reflection of the country’s anemic recovery, consider the implications of Illinois’ 8.8 percent unemployment rate in September. There are more than 580,000 Illinoisans formally out of work. And these...
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...