Illinois needs to diversify its tax base and make changes to become more competitive if it wants to stem the tide of people leaving the state, an analyst for an independent policy organization said during a recent radio show interview.
One of the biggest wins for the Chicago Teachers Union (CTU) when it scored a victory through a new four-year contract is that pension pickups were preserved; but what is good for teachers is not always what is good for everyone else as the plan stands to cost taxpayers a fortune.
The co-founders of a Chicago-based conservative public-policy think tank recently challenged an assertion by House Speaker Mike Madigan's (D-Chicago) spokesman that Madigan shouldn't have to release his tax returns as Republican Gov. Bruce Rauner has done.
Terming the American Federation of State, County and Municipal Employees (AFSCME) an “800-pound gorilla at the negotiating table,” the Illinois Policy Institute recently examined the relationship between the union and Illinois workers, suggesting that the balance of power tends to tilt toward the union.
Four Illinois manufacturers announced in October that they are leaving Illinois and relocating to bordering states to open up new plants facing less regulation.
The state's largest public employee union is calling for Gov. Bruce Rauner to continue negotiating after talks were declared to be at an impasse earlier this month, but further talks with the American Federation of State, County and Municipal Employees (AFSCME) would be pointless, an attorney for a Chicago-based think tank said recently.
Already struggling under a multi-tiered fiscal burden, Illinois taxpayers are now confronting incontrovertible evidence of serious fiscal setbacks in their state as a new report revealed staggering amounts of pension debt and escalating red ink.
With Illinois' state pension liability 17 percent more than it was last year, the vice president of a Chicago-based think tank recently said that 401(k)-style plans for public employees would go a long way toward easing the pension crisis.
Citing worrisome data that indicates millennials are fleeing the state and taking their families with them, a Chicago-based think tank is urging state lawmakers to pass pro-growth reforms.
This year’s holiday wish list for Illinois state lawmakers ought to include a new House speaker, an Illinois Policy Institute writer says, as constituents brace themselves for the speaker vote set for Jan. 11 in Springfield.
Over 110,000 more people left Illinois in a year than arrived here from other states, leading to the highest overall drop in population in the nation, new figures reveal.
Perhaps one of the most prominent stories in 2016 was Gov. Bruce Rauner’s ongoing battle with Illinois’ largest government-employee union, but how Rauner proceeds in the months to come will be critical, a political analyst said.
A U.S. Census Bureau report released this week reveals that between July 2015 and July 2016, Illinois lost 114,144 residents -- a net loss of 37,508 when arrivals are factored in -- a record high for the state.
Invoking an old wives’ tale referring to ambivalent, “average" amphibians, the Chicago Tribune recently created an analogy between disinterested Illinois taxpayers and a hypothetical pot of frog stew to illustrate the state’s simmering fiscal status.
The Illinois Policy Institute has announced an upcoming rally opposing Rep. Mike Madigan's (D-Chicago) re-election as speaker of the House.