Federal stimulus passes with $1,400 for most Illinoisans, $13 B for government
Federal stimulus passes with $1,400 for most Illinoisans, $13 B for government
President Joe Biden on Friday is expected to sign the COVID-19 stimulus bill, with direct payments to most Illinoisans and a significant boost to local and state governments. Illinois can use this opportunity to fix state finances.
By Patrick Andriesen
Survey: Illinois state, local taxes are highest in nation
Survey: Illinois state, local taxes are highest in nation
Illinois households pay nearly $9,500 on average in state and local taxes, which at 15% of their income is the nation’s highest. WalletHub finds gasoline taxes pushed Illinois to No. 1.
Bill would grant police powers to Illinois state lawmakers
Bill would grant police powers to Illinois state lawmakers
“Stop, in the name of the Illinois General Assembly!”
By Patrick Andriesen
Bill would stop Illinois lawmakers from getting public pensions
Bill would stop Illinois lawmakers from getting public pensions
State lawmakers have significantly abused and underfunded their own pension system. Ending it would be a plus, but only a constitutional amendment will stop pension debt from swallowing Illinois.
By Brad Weisenstein
David Halpern: 4 Entertainment Group
David Halpern: 4 Entertainment Group
“I am co-founder of 4 Entertainment Group with my business partners Ben Klopp, Bob Deck and Dan Cronican. We operate 20 bars, including five in Chicago – with another under construction – 14 in Ohio and one in Kentucky. I live in Glenview with my wife and our four children, 7 [twins] to 14.” “For...
Bourbonnais union strikes; claims to fight for students ‘out on the picket line’
Bourbonnais union strikes; claims to fight for students ‘out on the picket line’
A disagreement over final contract details caused the teachers union to strike in Bourbonnais, putting 2,452 elementary students out of class.
By Brad Weisenstein
Lake County looks at 4-cent gas tax hike using law that doubled state gas tax
Lake County looks at 4-cent gas tax hike using law that doubled state gas tax
Illinois Gov. J.B. Pritzker approved doubling the state gas tax in 2019 and gave some counties and Chicago the power to hike local gas taxes. Lake County is the latest to consider doing so.
By Patrick Andriesen
Moody’s report: Illinois pension debt reaches record-high $317 billion
Moody’s report: Illinois pension debt reaches record-high $317 billion
Illinois worst-in-the-nation public pension debt grew 19% year over year. It will continue hurting the state economy and job growth, driving more people out of Illinois, unless there are reforms.
By Adam Schuster
Illinois corruption reforms gain momentum with Madigan gone
Illinois corruption reforms gain momentum with Madigan gone
With Mike Madigan out as Illinois House speaker, state lawmakers have a unique opportunity to turn around the second-most corrupt state in the country. Ethics proposals are gaining support.
By Joe Tabor
Another bump up for Illinois’ new unemployment claims
Another bump up for Illinois’ new unemployment claims
Illinois saw new unemployment claims rise for a third week, even as nearly 3 million COVID-19 vaccinations have been given to Illinoisans.
By Brad Weisenstein
Illinois again ranks No. 2 in U.S. for highest property taxes
Illinois again ranks No. 2 in U.S. for highest property taxes
Illinois again ranked second for highest property tax rates in the nation in 2021, behind only New Jersey.
By Lisa Rigoni
Chicago speed cameras write 1 ticket every 12 seconds
Chicago speed cameras write 1 ticket every 12 seconds
Revenue projections estimate red-light cameras will generate 2.7 million $35 tickets in a full year, bringing in $95.5 million for the city.
By Patrick Andriesen