Responsibility for Illinois’ sorry state of affairs falls at the feet of House Speaker Mike Madigan, Senate President John Cullerton and their combined 80 years in state government.
If state lawmakers fail to pass a balanced budget by a three-fifths majority vote, essential programs will be harmed. But thanks to House Speaker Mike Madigan and Senate President John Cullerton, politicians will still get their paychecks.
Illinois resorted to POBs because pension costs were quickly increasing. But instead of reforming the system, political leaders chose to paper over the problem with debt.
Does bad blood between political leaders justify bad public policy? Most Illinoisans don’t think so, especially when the result is legislation that exempts their lawmakers from budgetary oversight. Earlier this year, at the midnight hour of spring session, Illinois’ legislative leaders carved out a special exemption for themselves from the state budgeting process. They enacted...
In the throes of Illinois’ fiscal crisis, nearly every nook and cranny of the Illinois state budget should be fair game for review and reduction. But some state lawmakers don’t seem to think so, especially when it comes to their money. In the waning hours of the final day of this year’s spring session, state...
At least 84 corruption-related stories have been reported from across the state of Illinois in August alone. Atop August headlines is the recent revelation that a federal grand jury subpoenaed the emails of Gov. Pat Quinn’s ex-chief of staff in relation to Quinn’s anti-violence grant program. The case, which has been referred to by some...
Illinois began August with a $4.4 billion dollar backlog of unpaid bills. If lawmakers would have kept the promises they made in 2011, the backlog would be zero today – or close to it. In January 2011, Illinois lawmakers pushed through a record tax hike that raised the income tax rate on individuals to 5...
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.