Illinois voters will decide Nov. 8 whether to adopt a radical amendment to the Illinois Constitution that would hike taxes and empower special interests. Those are just two of eight reasons why Amendment 1 is bad for Illinoisans.
Illinois State Police are facing audits showing $2.3 million is missing as lawmakers seek answers about old computers and late firearms IDs. Also, lawsuits and an indictment outline theft and sex harassment claims at the agency managing troopers.
State revenue losses around the country have ranged from far less than expected to non-existent. Fiscally healthy states are giving back to taxpayers. That doesn’t include Illinois.
Pension debt is a record $144.2 billion while Illinois’ short-term debt is on track to reach $22 billion in three years, exceeding the record $16.7 billion hit during the budget impasse.
Pritzker borrowed during the pandemic rather than making responsible budget decisions. So Illinois’ federal relief must repay debt rather than helping businesses recover like other states.
Lawmakers made no serious attempt to balance the new budget, instead counting on a federal bailout. They accepted an $1,800 raise for themselves, while only making significant cuts to education.
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?
Two decades of fiscal mismanagement have left state finances ill-prepared for the COVID-19 pandemic. Congress should condition any additional aid for troubled states on taxpayer protections that ensure pensions are solvent, accounting is realistic and budgets are balanced.
The Education Freedom Tax Credit, also known as the Federal Scholarship Tax Credit, will give Illinois students access to donor money if the state opts into the program.