Despite Illinois’ billions in deficit spending and skyrocketing debt, the Illinois House of Representatives passed House Bill 278, which would transfer an additional $300 million per year of state income tax funds to local governments, continuing to prop up...
Interest on Illinois’ pension debt is $9.1B per year
Illinois isn’t covering the interest payments on its pension debt. Those interest payments total $9.1 billion a year.
From Illinois policy March 2017
A golden rule of finance is this: Debt that can’t...
From Illinois Policy By John Tillman
Illinois has been without a state budget for almost two years. I talk every week with state lawmakers, and many of them feel worn down. Unfortunately, many no longer care what’s in the budget....
Vote!!! Your property value and monthly budget may be at risk
By Steve Balich March 21, 2017
It is Very important to vote in local elections because local boards have the most impact on your property taxes. http://willcountynews.com/2016/03/18/americans-for-prosperity-illinois-continues-fighting-higher-property-taxes/
As property tax increases...
Useless committees provide political pay raises for state lawmakers From Illinois Policy
How do you reward members for their vote to re-elect you Speaker? Create new committees and dole out bonuses.
Buried in the House rules lawmakers passed in January are...
Illinois Policy February 16, 2017
Lisa Madigan lost the first round in her quest to stop state worker pay during Illinois’ budget impasse. But that doesn’t mean the matter is settled. The attorney general could take this issue all the...
The new budget plan coming out of the Illinois Senate does little to nothing to reform the state’s reckless spending and financial mismanagement, but does plenty to hurt state taxpayers.
Illinois Senate members have a drafted a new budget plan...
As many of you may or may not be aware of, a handful of Illinois politicians have moved on a bill that would make an Illinois a sanctuary state so they can get more votes from the Latin Community,...
By Illinois Policy
January 27, 2017
Lawmakers are proposing a range of new tax hikes as a “compromise” solution to the state’s budget woes. But simple reforms to Illinois’ teacher pension system are a better way to fix the state’s finances...
https://www.youtube.com/watch?v=8OiEZwD1-Jc
Published on Feb 3, 2017 Upstream Ideas
Illinois state senators are pushing multibillion dollar tax hikes on struggling Illinoisans as a "solution" to Illinois' budget woes. But on this edition of Illinois Rising, Dan Proft, Illinois Policy's Michael Lucci and...
