Controlling the future growth of government spending is key to solving Illinois’s budget crisis. Done properly, tax and expenditure limits are a good way to ensure that government outlays do not grow faster than the public’s ability to pay.

Illinois already owes billions in overdue payments to state vendors and now is behind in payments to a state university.

The Problem Illinois’s inability to pay vendors on time is destabilizing many businesses with state contracts while at the same time hurting Illinois’s most vulnerable. According to the Illinois Comptroller’s Office, the state had $4.7 billion in payables at the end of the 2010 fiscal year in June and an additional $1.7 billion in additional...

by Kate Piercy The Illinois Policy Institute has highlighted various instances where Illinois government employees are paid above national averages and much of the time land in the highest earners rankings. Our legislators, allexecutive officers, including the governor, and judges, make some of the highest salaries compared to counterparts nationwide. The Wall Street Journal today discussed President Obama’s recent...