Gov. Bruce Rauner has compromised over and over to strike a deal, to the point of abandoning every reform he once demanded. But no matter how much Rauner gave, House Speaker Mike Madigan never budged.
Instead of working to pass a budget, House representatives passed a nonbinding resolution to rename a portion of Roosevelt Road on the boundary line of Chicago and Cicero.
The Illinois House of Representatives met for about seven minutes, and the Senate met for approximately 10 minutes on June 21 before adjourning from special session – costing Illinois taxpayers $50,000 for less than 20 minutes of work.
With the successful passage of 401(k)-style pension reform in Michigan’s state legislature, Illinois lawmakers should examine their own growing pension crisis and pursue bolder reforms to stabilize the state’s finances.
Illinois needs to begin an end to its pension crisis by expanding access to a standalone 401(k)-style plan to all government workers; the new proposal by the House GOP does not accomplish this.
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.