Each Chicago household on the hook for $82K in local government debt
Each Chicago household on the hook for $82K in local government debt
After a tax hike spree from Chicago-area politicians, residents are stuck paying more only to carry an ever-larger load of debt.
By Ted Dabrowski, John Klingner
Ken Jarosch
Ken Jarosch
“Just look at the soda tax. How many lawsuits are out there to Walgreens and McDonald’s and 7-Eleven because they couldn’t program their registers and they couldn’t figure out how to train their people … it’s a real challenge … And it’s not just a customer coming in and saying, ‘hey you overcharged me on...
Illinoisans get $6B more in long-term debt, but no reforms
Illinoisans get $6B more in long-term debt, but no reforms
While borrowing to help pay down the state’s unpaid bill backlog will save money on interest payments and relieve pressure on those waiting for cash, it also perpetuates Illinois’ spending problem.
By Ted Dabrowski, John Klingner
State, federal lawmakers pave the way for self-driving cars in Illinois
State, federal lawmakers pave the way for self-driving cars in Illinois
As Illinois’ state government and the federal government move toward promoting the development of autonomous vehicles, Chicago aldermen are taking a combative stance against the budding industry.
By Amy Korte
Rahm courting Amazon for move to Chicago
Rahm courting Amazon for move to Chicago
Chicago Mayor Rahm Emanuel reportedly spoke with Amazon CEO Jeff Bezos to lure Amazon’s second headquarters to Chicago.
By Brendan Bakala
Illinois lawmakers hear testimony for marijuana legalization proposals
Illinois lawmakers hear testimony for marijuana legalization proposals
Two bills to legalize marijuana currently sit in Springfield.
By Brendan Bakala
The march of the millennials – out of Illinois
The march of the millennials – out of Illinois
Illinois lost as many as 37,000 millennials on net every year from 2011 through 2014 for a total net loss of as many as 148,000 millennials.
By Austin Berg
Oswego hikes taxes on fuel and prepared food and beverages
Oswego hikes taxes on fuel and prepared food and beverages
The new taxes are planned to pay for road maintenance and improvement as well as general use. As is the case in communities throughout Illinois, pension costs are crowding out other spending in Oswego.
By Brendan Bakala
Voters could flex their muscles after sticker shock from soda tax
Voters could flex their muscles after sticker shock from soda tax
Recent polls show Cook County officials could face electoral backlash for supporting the soda tax.
By Chris Lentino
Mattoon forced to cut ambulance services to pay for growing pension crisis
Mattoon forced to cut ambulance services to pay for growing pension crisis
Communities across Illinois are being forced to cut local services and raise taxes to afford their pension payments, putting residents who rely on local government services at risk because of the inherent failures of defined-benefit plans.
By Ted Dabrowski, John Klingner