The governor is poised to continually issue disaster proclamations to extend his emergency powers during the COVID-19 pandemic, but the General Assembly has a role to play in the crisis, too.
Gov. J.B. Pritzker inherited a $2.8 billion budget deficit the moment he stepped into office. Next year, that deficit is projected to be $3.4 billion1. It’s the same story every budget season. But Illinois’ budget crises could be a thing of the past if the state would adopt pension reform, right-size its union contracts and...
A new property tax hike worth as much as $148 million is set to hit Chicagoans as part of the latest school funding proposal. That’s on top of the record-breaking property tax hikes Mayor Rahm Emanuel approved in 2015 and a litany of other city and county taxes and fees.
The tax credit scholarship program included in the school funding proposal passed by the General Assembly would be the first of its kind in Illinois, and one of the largest of such programs in the nation.
The General Assembly hasn’t made significant traction on a balanced budget before session ends, but the Illinois Senate had time May 30 to pass a bill regulating trampoline safety.
While Chicago-area taxpayers struggle under a heavy tax burden, lawmakers – who continue to ignore reforms the state desperately needs – are now on a two-week vacation.
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.