Teachers' Retirement System of the State of Illinois

Civic Federation calls for tax hikes, opposes sensible reform in budget criticism

By Adam Schuster
05/17/2018
The Civic Federation’s criticism of Gov. Bruce Rauner’s proposed budget is a mixed bag, with its own proposals for Illinois’ financial crisis – including nearly $3 billion in tax hikes – missing the mark.

TAGS: AFSCME: American Federation of State County and Municipal Employees, budget, Civic Federation, health insurance, income tax, Laurence Msall, LGDF: Local Government Distributive Fund, municipal pensions, pensions, progressive income tax, taxes

Budget Solutions 2019: The responsible budget for Illinois

By Orphe Divounguy, Bryce Hill, Joe Tabor
02/06/2018
Even after a 32 percent income tax hike, the Illinois General Assembly passed a state budget in 2017 that will generate an estimated $1.5 billion deficit in fiscal year 2018. That deficit is projected to grow to $2.15 billion in fiscal year 2019, according to the Governor’s Office of Management and Budget, or GOMB. The...