Institute on RedState: Don’t Bail Out Public Pensions!
U.S. Sen. Jim DeMint (R-South Carolina), the Senate
4 ways to break out of Illinois’ pension trap
Causes, costs, how to set the state free
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Chicago public school teachers are overpaid
by Lawrence J. McQuillan, PhD Chief Economist The Chicago Teachers Union (CTU) is on strike to get, among other things, more pay. They originally asked for a 30 percent pay raise. The current offer on the table is a 16 percent pay hike over four years. They don’t deserve a penny increase. In fact, they deserve a...
Illinois Business Climate Ranks in Bottom
by Emily Dietrich Yesterday’s headline in the Chicago Tribune, “Illinois Among Worst States to do Business,” encapsulates what’s been on the minds of countless job creators and job seekers across the state. A new study by the Development Counsellors International reports that of the 322 U.S. corporate executives surveyed, nearly one quarter viewed Illinois as having one of...
Obama’s Rules Cost Illinois Jobs
by Emily Dietrich Should the government tell you what to eat? When to eat? Or how much to eat? What about if it cost jobs? What if you lost your job because the government regulated who-could-eat-what? U.S. Representative Peter Roskam predicts Illinois families will be facing this exact situation. In The Chicago Sun-Times, he writes: “Illinois-based...
More States to Join Florida Health Care Lawsuit
With an influx of new state officers this month, four states may soon be joining the multi-state lawsuit challenging the constitutionality of ObamaCare.
Good Ideas from Other States: #1 Reduce Spending
by Wesley Fox Over the last two years, many states have faced large budget shortfalls due to declines in revenue and continued spending at unaffordable rates. Some have dramatically cutback spending to balance their budgets, while others have raised taxes. The CATO Institute’s Fiscal Policy Report Card provides an excellent assessment of the responses of U.S. governors...
WSJ Highlights Need for Health Care Transparency
Today’s Wall Street Journal carried a special report on how Medicare claims data can be used to root out suspected waste, fraud and abuse (like the NYC family-medicine physician who was flagged for pocketing more than $2 million in 2008 from Medicare thanks in part to administering an odd battery of tests). Earlier this year, we testified in favor of creating...
Spotlight on Spending #13: Illinois Film Tax Credit Program
The Problem Witnessing explosions from the latest Transformers movie on Michigan Avenue and catching glimpses of movie stars like Johnny Depp and Angelina Jolie may provide an exciting novelty for Illinois residents. But is it worth the price? Illinois state government offers film production projects generous tax incentives to film within its borders, but the...
Spotlight on Spending #8: Illinois Legislators Among Highest Paid in Nation
The Problem Although facing a serious budget deficit, Illinois legislators remain among the best compensated in the nation. Today, Illinois state representatives and senators earn a base salary of $67,836—the fifth-highest legislator salary in the country. Only California, Michigan, New York and Pennsylvania pay their legislators more. Illinois state representatives and senators earn around 47...
575,000 Illinoisans Covered by Health Savings Account Plans
Ten million Americans are covered by Health Savings Account-eligible insurance plans, an increase of 25 percent since last year, a new census released today by America
