A few weeks ago, I wrote a blog post about how Sen. Marco Rubio, R-Florida, introduced a bill that would give tax credits to corporations if they donate to nonprofit organizations that provide scholarships to students in low-income families for private school tuition. Now, state Rep. Michael Connelly, R-Wheaton, has introduced a parallel bill in the Illinois General Assembly....
For more than a decade, Illinois’ Medicaid program has failed to meet the needs of the state’s most vulnerable residents. Access to high-quality care has deteriorated, even as record amounts of taxpayer dollars are spent on the ballooning program. Over the years, eligibility standards have loosened to increasingly include families earning ever-higher incomes. Today, only...
In the game of state competitiveness, Illinois lags the nation. Poor policy decisions continue to sap economic activity and ruin opportunities for businesses operating in Illinois.
There are too many people working in America’s schools. From 1950 to 2009, the amount of full-time equivalent (FTE) employees grew 386 percent while the amount of public school students only grew by 96 percent, according to a recently released report from the Friedman Foundation for Educational Excellence. Looking even closer at the data reveals...
The average Illinoisan works 208 days to pay the cost of government July 26 is Illinois’ Cost of Government Day, the date of the calendar year on which the average Illinois worker has earned enough gross income to pay off his or her share of the spending and regulatory burden imposed by government at the federal,...
With an influx of new state officers this month, four states may soon be joining the multi-state lawsuit challenging the constitutionality of ObamaCare.
by Wesley Fox Over the last two years, many states have faced large budget shortfalls due to declines in revenue and continued spending at unaffordable rates. Some have dramatically cutback spending to balance their budgets, while others have raised taxes. The CATO Institute’s Fiscal Policy Report Card provides an excellent assessment of the responses of U.S. governors...
by Wesley Fox The Chicago Football Classic Inc. received a $100,000 grant to assist in hosting the Chicago Football Classic. According to the DCEO website the game “will feature Mississippi Valley State versus Southern University.” Southern University is located in Baton Rouge, Louisiana and Mississippi Valley State is located in Itta Bena, Mississippi. The grant was part of...
Illinois’ tax code stands in the way of the state’s economic competitiveness. The combination of high tax burdens and a poor tax structure contributes to the loss of jobs and investment to other states. From a place of former economic dominance, Illinois now ranks 45th in gross state product (GSP) growth over the past decade...