A major library supplier formerly employing 1,500 will cease operations at the end of the year, laying off 318 workers in October at its Momence distribution center.
Sports betting in Illinois comes with the fifth-highest taxes in the nation. Users on FanDuel, DraftKings or other sites had new fees start in September – just in time for the NFL regular season.
Illinois ranked No. 1 for spending per student on higher education in 2024, paying more than double the national average. Declining enrollment, poorly structured finances, growing pension payments and bloated administration have driven up costs.
Illinois is among the few states to offer no private school choice scholarships after killing its Invest in Kids tax-credit program in 2023. The new federal Educational Choice for Children Act would again give Illinois families access to educational options.
Illinois continues to be one of the slowest growing economies in the nation, ranking 46th in post-pandemic job recovery and adding just 20,300 jobs in the past year. Unemployment remained above the national average.
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.