The budget plan proposed by Republican General Assembly members would raise taxes by over $5 billion without enacting any significant spending reforms.
While the Better Government Association has claimed Illinois’ budget contains no fat to trim, a deeper analysis reveals the state has many areas of expensive inefficiency to reform in state and local government costs, the Medicaid program and K-12 education.
The little-known legislative rules that govern the legislative process in the Illinois House of Representatives give the House speaker extraordinary power to orchestrate the legislative or political outcomes he or she wants. Those rules allow the speaker to influence the makeup of legislative committees; how lawmakers vote; and when, if ever, the bills get voted...
Since 2010, Illinois has lost on net 2.6 percent of its taxpayers and dependents, along with billions of dollars of taxable income, dwarfing the rates of out-migration of other Midwestern and neighboring states.
Although Illinois’ top earners make more than most of their regional counterparts, Illinois’ bottom quarter of earners have the lowest wages in the Midwest
A new study from The Pew Charitable Trusts shows that Illinois’ tax revenues are up by 20 percent over their pre-Great Recession peak, debunking the oft-repeated mantra that Illinois is just one more tax hike away from solving its fiscal problems.
Illinois prisons held 150 percent of their maximum capacity in 2014, the highest rate of crowding of any prison system in the country, according to the Bureau of Justice Statistics.
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.