Gov. J.B. Pritzker, House Speaker Mike Madigan and other Illinois leaders were banking on a federal bailout long before COVID-19. How else can one explain their recklessness?
Due to its poor financial health and lagging economy, Illinois carries unique economic and fiscal risks from a prolonged market downturn or recession. The state must act now to mitigate harm from COVID-19.
Without reforms that level the playing field between the public and private sectors, the cost of Illinois’ public sector workers will continue to damage the state’s labor market, economy and taxpayers.
Chicago is the most corrupt city, and Illinois the second-most corrupt state, in the nation, according to a recent report by the University of Illinois at Chicago. But corruption in Illinois is more than a buzzword. It comes with social and economic costs. Not only does corruption lessen residents’ faith in the government, it decreases...
Reforming future benefit growth via a constitutional amendment is the only way to ensure the retirement security of government workers, protect taxpayer budgets and fulfill the needs of Illinoisans reliant on core services.
If Illinois is going to compete with its neighbors – and keep people from moving out of the state – it must reduce the enormous property tax burden its families are forced to bear. Following the lead of surrounding states by enacting collective bargaining reforms is one good place to start.
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.