by Mark Cavers At the tail end of the legislative session the Illinois State Senate added $430 million in operating costs to this year’s capital bill, a move that was opposed by the House, which refused to consider the bill. Today Governor Quinn announced that capital and road construction programs will begin to shutdown as early as...

by Aon Hussain Want to save Illinois taxpayers some green and earn a little bit of your own? Instead of asking citizens to play the lottery, the State of Illinois is ready to give regular citizens big cash prizes if they come up with some fruitful ideas to save the state some bucks. The Illinois...

Policy makers struggling to protect higher education appropriations may be surprised to learn this fact: The total cost of the State Universities Retirement System (SURS) in 2012 will exceed the amount of general funds appropriated to all other higher education agencies and institutions. Years of overly generous pensions and delayed funding by the Illinois legislature...

by Mark Cavers Rather than coming to the table to try and help save their members’ pensions, union officials seem content to vilify the wealthy in Illinois. Yesterday, while discussing the pension reform bill in committee, the head of AFSCME argued that all we need to do is raise taxes on the rich and our pension problem...

by Kristina Rasmussen Echoing the sentiments of former Gov. Jim Edgar, state rep Daniel Biss made the argument that pension reform will hurt state government employee recruitment in a committee hearing yesterday. From the Tribune’s editorial: Then there’s Daniel Biss, a freshman Democrat from Evanston. In blather-rich questions and a pre-vote soliloquy, he illogically twisted his proclaimed...

(UPDATED: action in House pension committee. See below) by Collin Hitt A bold proposal to reform government employee pensions has been put forward, Senate Bill 512. It is the broadest and best legislation yet introduced by legislative leaders hoping to address the long term debt, and insolvency, of Illinois’s public employee pension funds. Illinois taxpayers...