Illinois’ comeback story starts here.

Illinois lawmakers hand Pritzker another tax loss, pass Chicago pension hike

Illinois lawmakers hand Pritzker another tax loss, pass Chicago pension hike

Lame duck session was busy even when House Democrats weren’t focused on replacing Mike Madigan as speaker. Gov. J.B. Pritzker’s small business tax hike died as 23 bills were passed, including one making Chicago’s pension woes worse.

Pritzker to decide COLA increase for Chicago firefighter pensions, with $850M price tag

Pritzker to decide COLA increase for Chicago firefighter pensions, with $850M price tag

Over the objections of Chicago Mayor Lori Lightfoot, who called the legislation “irresponsible,” state lawmakers passed a bill to increase the cost-of-living adjustment for 2,200 Chicago firefighter pensions to 3% from 1.5%. Gov. J.B. Pritzker should veto it.

Timothy Carroll

Timothy Carroll

“I went to appeal my property taxes and won. But that same year they increased the levy amount, so my taxes still went up."

Illinois unemployment claims double

Illinois unemployment claims double

Illinois unemployment numbers dropped for a week during the holidays, but they were back up last week as the state's hospitality industry remains out in the cold.

By Brad Weisenstein

Pritzker wants $500M tax hike on Illinois small businesses

Pritzker wants $500M tax hike on Illinois small businesses

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.

Illinois’ mountain of debt will be Madigan’s fiscal legacy

Illinois’ mountain of debt will be Madigan’s fiscal legacy

Decades of institutionalized financial mismanagement left Illinois with the nation’s worst fiscal health. Illinois House Speaker Mike Madigan has been at the center of nearly every bad decision along the way.