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.
More than half of Illinois voters want lawmakers to balance the budget by only cutting state spending.
An Illinois appellate court issued an order on March 1 preventing Gov. Bruce Rauner from implementing his contract offer to AFSCME, the union that represents approximately 35,000 state workers. That means the state and Illinois taxpayers will continue to lose millions of dollars a month while the case proceeds.
Illinois is home to the nation's sixth-highest rate of wrongful convictions. The story of Aurora's Rolando Cruz is one harrowing example.
A new proposal from state Sen. Toi Hutchinson, D-Chicago Heights, would tax internet streaming services in Illinois, much like the potentially illegal internet streaming tax implemented in Chicago.
AFSCME Executive Director Roberta Lynch announced Feb. 23 that union members voted to authorize a state worker strike. But state workers have another option. By becoming a fair share payer, state workers can report to work during a strike without facing union punishment. Here’s what state workers need to know about fair share status.
In the wake of the “grand bargain” budget plan failure, an Illinois politician has proposed applying the 6.25 percent state sales tax to a broad range of services.
Taxpayers shouldn’t be on the hook for such costly promises as they struggle to find opportunities of their own.