Rahm Emanuel

Rahm’s phony pension fix fails taxpayers and city workers

By Benjamin VanMetre
06/12/2014
Politicians are celebrating their pension “fix” for the city of Chicago. But their plan is nothing more than a massive property tax hike – it increases city contributions by $4 billion through 2025. More importantly, it doesn’t solve the pension problem. Mayor Rahm Emanuel’s pension plan does nothing to improve the retirement security of city...

2014 legislative victories

By Matt Paprocki
06/05/2014
The driving goal of the Illinois Policy Institute is to transform liberty principles into marketable policies that become law. The ultimate sign of success is when free market ideas are enacted into laws that change Illinoisans’ lives for the better. Illinois Policy Action’s 2014 legislative agenda emphasized the importance of a financially responsible and limited...

Illinois Corruption Watch, May 2014

By Brian Costin
06/04/2014
In completing our second month of the new “Illinois Corruption Watch” project, we are shocked at the volume of corruption stories being reported across the state. In just two months we have found reports of 101 different corruption-related stories; 45 in April and 56 in May. It’s no wonder Illinois citizens have by far the...

Chicago unemployment rate 5th highest of nation’s 49 largest metro areas

By John Klingner
06/02/2014
Illinois politicians want to make things worse for the many Chicagoans struggling to find jobs and make ends meet. They’re calling for state, county and local tax hikes on the city that already has one of the worst metro area unemployment rates in the nation, according to the U.S. Bureau of Labor Statistics. Gov. Pat...

Illinois politicians’ obsession with tax hikes

05/21/2014
Fifty percent of all Illinoisans would leave the state if they could. Twenty-five percent think it’s the worst state to live in. Another 72 percent don’t trust their government. These numbers came from three recent Gallup polls. In all three surveys, no state polled worse than Illinois. You’d think with results like that, the last...

Quinn should take note: Only 1% of Chicagoans support property-tax hike

By Benjamin VanMetre
05/14/2014
Gov. Pat Quinn’s approval rating is low, typically hovering just shy of 30 percent. But one thing voters disapprove of even more is hiking property taxes to pay for Chicago pensions. A recent Chicago Sun-Times poll shows that only 1 percent of Chicago voters would support a property tax increase to help prop up the...

Chicago’s $63 billion debt burden

By John Klingner
05/12/2014
It’s no secret that Chicago is in a pension crisis and deeply in debt. Most of that debt comes from the city’s pensions, but health insurance and long-term debt are also a significant part of Chicago’s fiscal shortfall. In total, Chicago residents are officially on the hook for $63.2 billion in government pensions, health insurance...

There’s an alternative to Rahm’s proposed $750M in property tax increases

By Benjamin VanMetre
05/02/2014
Chicago Mayor Rahm Emanuel is calling for a $750 million property tax increase on Chicago residents over the next five years in his recent pension proposal. And his proposed “reform” plan covers only the city’s municipal and laborers pension funds. That doesn’t include whatever tax increases he’s got planned to fund the pensions of teachers,...

Illinois Corruption Watch: April 2014

By Brian Costin
04/30/2014
45.  April 30, 2014 Sun-Times: Criminal probe of Quinn anti-violence plan rocks governor’s race A criminal grand jury has launched a probe into Gov. Pat Quinn’s troubled anti-violence program —  once likened to “a political slush fund” — delivering a major blow to the Democrat as he seeks re-election this fall. On Tuesday, the Quinn...

Quinn’s Chicago bailout

04/29/2014
For months Gov. Pat Quinn has campaigned on the need to make permanent the temporary tax hike the Illinois General Assembly passed in 2011. Under state law, the majority of the 2011 tax increase will sunset in January 2015. Quinn wants to reverse that. He claims the state is out of money and there is...