by Brian Costin In the above video from 2009 the Cato Institute’s Senior Fellow, Randal O’Toole, talks about the impact of high speed rail in Illinois. Fast forward to April 2011, and it appears as if the national high-speed rail plan touted by President Obama is losing significant steam. This blog post from O’Toole explains. “President Obama’s dream...

Institute CEO, John Tillman, on First Business discussing the pension funding shortfalls in Illinois and across the U.S., and answering the question of whether a federal bailout for Illinois is near.

by Collin Hitt Illinois lawmakers are considering raising the state income tax. Different plans have emerged, but each would damage Illinois’s economic recovery.  The plan that has been discussed the longest is one that would raise Illinois’s individual income tax from three to four percent, a 33 percent increase.  More recent tax plans have emerged that...