Congress provided tax benefits for business losses in the CARES Act to help offset economic challenges during the pandemic. Gov. J.B. Pritzker wants to undo that relief to raise revenue for Illinois.
A vague and restrictive state law could mean the Illinois Department of Children and Family Services comes knocking if parents leave their 13-year-old home alone.
Illinois House Speaker Mike Madigan made a pitch for keeping his leadership despite a federal corruption probe. He told Black state lawmakers he can deliver a tax hike and a new legislative map, again favoring Democrats.
After decades under Illinois House Speaker Michael Madigan’s rule, Illinois is corroding from his concentration of power. Robust ethics laws, rules and norms could stop a new Madigan from rising.
Illinois’ pension crisis has been a growing problem for decades, and its negative effects on state residents are well documented.1 Economic fallout from the COVID-19 pandemic and related government shutdown orders threaten to bring that long-running crisis closer to its breaking point. The state’s five pension systems collectively held nearly $139 billion of debt at...
Illinois’ high levels of corruption damage the state’s economy, costing it $10.6 billion since 2000. States with higher levels of corruption average lower levels of economic growth.
The state’s government unions have heavily funded the election committees run by longtime Illinois House Speaker Michael Madigan – who then uses his influence to pass union-friendly bills.