According to recent data, Illinois spends nearly double the national average on pensions, measured as a percentage of all state and local government spending.
A report from one of the largest credit rating agencies criticized Gov. J.B. Pritzker’s “dubious” budget proposal for avoiding necessary fiscal reforms.
Pritzker’s first budget address exalted the graduated income tax as a solution to the state’s fiscal problems. Despite evidence to the contrary, the governor is urging state lawmakers to speedily advance the measure.
“Moving away is always in the back of your mind. You’re always making a new game plan. “Everything you do is about the business. If the business does not thrive, at a fundamental level you need to be ready to make a move because the business can be bankrupt almost instantly. “I want state leaders...
The Pritzker administration’s first budget proposes phasing out a school choice program for disadvantaged families. Low-income families loved the program. Public teachers’ unions decried it.
An Illinois House lawmaker has pulled a proposed per-mile tax from consideration less than a week after introducing it.
Getting behind bipartisan budget reform is the kind of bravery Illinoisans deserve from the executive branch. Instead, they’re getting more of the same.
Gov. J.B. Pritzker claims his progressive income tax hike will only affect the rich. But Illinoisans making as little as $26,100 would see an income tax hike under rates Pritzker cited in his budget address.
Illinois Gov. J.B. Pritzker’s proposed state budget includes an estimated $19 million to $23 million in new revenue from a statewide tax on plastic bags. Illinois would be the only state in the nation to levy such a tax.
Gov. J.B. Pritzker has pointed admiringly to other Midwestern states’ progressive income tax structures, but taxes on the median Illinois family would go up under all of them.
State spending has grown nearly 50 percent faster than Illinoisans’ incomes during the past decade. State Sen. Tom Cullerton, D-Villa Park, has proposed a constitutional spending cap that offers a long-term solution to the state’s budgetary problems.