Like so many Illinoisans working in a stagnant state economy, state lawmakers will not receive pay raises this year. But House Speaker Mike Madigan and Senate President John Cullerton will still receive bonuses in excess of $25,000.
Three facts prove that sensible spending coupled with pro-growth reforms is the solution to the current crisis. 1. Illinois has a spending problem. Not a revenue problem. If Illinois spending had grown at the same rate as inflation and Illinois’ population, the state’s expenditures would have been $8 billion less than they were in 2014. Extending...
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.