Illinois

Illinois Forward 2026: How the state can spend responsibly

By Ravi Mishra, Lauren Zuar
02/12/2025
After years of splurging with revenue boosted by temporary federal aid, future deficits over $5 billion await the Illinois state budget. It’s time Illinois state leaders learn from past mistakes and manage other people’s money responsibly.

Illinois lawmakers plan to short pensions by $5.1B in July

By Bryce Hill
02/10/2025
Illinois’ five state-run retirement systems need $16.8 billion in funding for the coming fiscal year, but state lawmakers only plan to pay $11.7 billion. That’s $5.1 billion less than needed for plans already approaching insolvency.