Between 2014 and 2016, Illinois’ Medicaid expansion cost $4.6 billion more than its supporters had forecasted, crowding out services for Illinois’ most vulnerable residents.
Illinois holds more than $66 million worth of stocks and bonds in PepsiCo, Coca Cola and Dr. Pepper Snapple alone.
Springfield lawmakers passed a ceremonial resolution March 8 congratulating the Chicago Cubs on winning the 2016 World Series. But that pat on the back doesn’t make up for the adversarial relationship politicians have held with the Cubs and other professional sports franchises in Chicago.
The car manufacturer is promising to bring more than 1,000 jobs to Normal, Ill., after being offered $49.5 million in state tax credits and more in local tax credits and abatements.
The Senate’s “grand bargain” contains a one-year spending “cap” that won’t improve fiscal responsibility. A real cap must come with structural spending reforms to return spending to a level that taxpayers can afford.
The U.S. District Court for the Northern District of Illinois has held that face templates created from photographs uploaded to Google Photos are covered under Illinois’ Biometric Information Privacy Act.
While sick leave is necessary for working teachers, letting unpaid sick leave accumulate for the purpose of boosting pensions is an expensive perk that taxpayers cannot afford.
February saw the worst WARN report in seven months, with nearly 250 of the jobs lost coming from the manufacturing sector.
Gov. Bruce Rauner has suggested funding CPS with tax increment financing, or TIF, funds; this would temporarily bail out the district, but more needs to be done to address serious concerns about Chicago’s TIF program.
A golden rule of finance is this: Debt that can’t be paid won’t be paid.