Illinois

Illinois’s $100,000 Plus Workforce: Strong and Growing

05/16/2011
by Mark Cavers Illinois will have $8.3 billion in unpaid bills by the end of the fiscal year, a projected deficit of $1.7 billion for fiscal year 2012 and $86 billion in unpaid pension liabilities. A contributing factor to our deficits, and a major reason behind calls for higher taxes is government employee’s pay and benefits. Rather...

Defusing the Pension Bomb: A Proposal to Save Illinois

By Chris Andriesen
05/11/2011
The Problem Illinois hasn’t saved enough money to fund the pensions promised to government employees who are in or near retirement. Official estimates calculate Illinois’s unfunded pension liability at $86 billion, while other academic studies put the real problem north of $210 billion. Bold action is needed to balance the state’s pension funds while keeping...

What Voters Want – Pension Reform: Charting Illinois’s Pension Crisis

05/11/2011
A January poll asked likely Illinois voters how the state should address its increasing pension payment. Sixty-four percent of respondents said that benefits for current public employees should be reformed to work within the state’s financial constraints. Earlier this year, lawmakers passed a record 67 percent tax hike. At the time, taxpayers were told the...

Illinois is the third worst place to do business in the United States

05/09/2011
by Mark Cavers Last week a Chief Executive Magazine survey of 556 CEOs ranked Illinois as the third worst place to do business in the United States. Put another way, over 500 of the leaders who are making company’s decisions on where to invest, hire more employees, and expand or contract operations would opt to go almost anywhere in...

What’s Going on Next Door?

05/04/2011
by Mark Cavers Last week, Indiana’s Governor, Mitch Daniels, released a recap of the previous legislative session and touted a number of successes for the residents of Indiana. Here in Illinois, our legislators are now faced with many of the same opportunities that Indiana took advantage of over the past few months. Lets take a quick look...

Pension U: Charting Illinois’s Pension Crisis

05/04/2011
Download a pdf of this report and chart here. If Illinois continues on its current path, the amount of money that state government spends on the State Universities Retirement System, or SURS, will eclipse the amount of general funds given to public universities and community colleges. The graphic below demonstrates how the rising costs of...

72% Say Taxpayers Not Getting Value on Public Education

04/30/2011
by Brian Costin On Tuesday, May 24 we will host pollster Scott Rasmussen to discuss the intersection of public opinion and free market principles. The renowned founder of Rasmussen Reports will share what “big ideas” are trending nationally and provide takeaways for Illinois residents, officials, and business leaders. This week, Rasmussen Reports released the results of a new poll showing heavy dissatisfaction...

High Speed Rail Dead in its Tracks?

By Chris Andriesen
04/29/2011
by Brian Costin In the above video from 2009 the Cato Institute’s Senior Fellow, Randal O’Toole, talks about the impact of high speed rail in Illinois. Fast forward to April 2011, and it appears as if the national high-speed rail plan touted by President Obama is losing significant steam. This blog post from O’Toole explains. “President Obama’s dream...

Americans: Schools Are Wasting Money

04/28/2011
by Collin Hitt A new poll from Rasmussen Reports finds that most American voters think public schools are wasteful. Interestingly, Americans also understate the amount of tax money that schools receive. A new Rasmussen Reports national telephone survey finds that only 11% of voters think the taxpayers are getting a good return on that investment. Seventy-two percent...

There’s Nowhere to Go but…Down?: Illinois’ pension crisis

04/27/2011
by Mark Cavers A new report from the Pew Center on the States takes a look at how each state is doing in funding their pension obligations. The report, based on data from fiscal year 2009, shows that Illinois had the lowest funding ratio, with 51% of our pension liabilities funded. The next closest state is...
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Taxed out: 10 reforms to stop Illinois from losing people and jobs

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...

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Process for unionizing non-state workers raises red flags

By Paul Kersey
06/19/2014

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students

By Ted Dabrowski
05/02/2016