New Jersey

A way out: Bankruptcy authorization would give struggling Illinois municipalities options

By Joe Tabor
02/10/2025
Published Feb. 10, 2025 Even though federal COVID relief funds provided an unexpected windfall, that one-time jolt of cash could leave many Illinois localities even worse off than they were before. That boost in revenue allowed local governments to put off difficult budgeting decisions, and as that revenue dries up, municipalities will have to contend...

Ranking: Illinois 10th worst state for getting ahead

By Chris Coffey
02/05/2025
Illinois lags both the nation and the Midwest on key indicators of social mobility. The state scores poorly on entrepreneurship, economic growth, institutions and the rule of law.

Market-oriented housing reforms gaining traction in Illinois

By LyLena Estabine
02/03/2025
Gov. J.B. Pritzker recently signed an executive order to increase access to housing for middle-income families. While many of the proposed solutions still miss the mark, there are some important supply-side reforms that could mark a positive shift for Illinois.

Illinois’ low social mobility: causes and cures

01/28/2025
Published Jan. 28, 2025 Illinois Policy Institute Center for Poverty Solutions, in partnership with the Archbridge Institute By Joshua Bandoch, Ph.D., head of policy, Illinois Policy Institute and Justin Callais, Ph.D., chief economist, Archbridge Institute EXECUTIVE SUMMARY A low-income person’s ability to move up in society is worse in Illinois than in any other Midwestern...

Suburban Chicago mayor calls for pension reform

By Dylan Sharkey
11/27/2024
Elk Grove Village Mayor Craig Johnson said state lawmakers need to step in and help fix public pensions. Pension debt is the biggest driver of Illinois’ property taxes, which are the second-highest in the nation.

TAGS: pension reform