Nippon Sharyo announces 100 layoffs, despite $10 million in state subsidies and tax credits
Nippon Sharyo announces 100 layoffs, despite $10 million in state subsidies and tax credits
Nippon Sharyo points to prototype difficulties and unspecified business concerns as the main reasons behind the layoffs.
By Brendan Bakala
AFSCME strike vote is an insult to middle-class Illinoisans
AFSCME strike vote is an insult to middle-class Illinoisans
Illinois’ state workers are the highest-paid in the nation when adjusting for cost of living.
By Austin Berg
Illinois Senate proposes statewide tax on soda
Illinois Senate proposes statewide tax on soda
Running out of ideas, the Illinois Senate takes aim at poor people to fund record-high state spending.
By Brendan Bakala
Here’s why Moody’s is warning of an Illinois death spiral
Here’s why Moody’s is warning of an Illinois death spiral
Illinois’ weak economic growth and population loss may signal the beginning of a financial death spiral.
By Michael Lucci
Illinois edges toward recession, politicians propose multibillion-dollar tax hike
Illinois edges toward recession, politicians propose multibillion-dollar tax hike
Despite declining tax revenues and warning signs of a possible recession, Illinois lawmakers in Springfield are mulling tax hikes.
By Ted Dabrowski, John Klingner
Calumet City aldermen and state representative Thaddeus Jones accused of exploiting campaign funds
Calumet City aldermen and state representative Thaddeus Jones accused of exploiting campaign funds
The Illinois State Board of Elections is accusing state Rep. Thaddeus Jones, who is now running for mayor of Calumet City, of misusing thousands of dollars of campaign funds.
By Brendan Bakala
Chervon North America to move headquarters to Illinois
Chervon North America to move headquarters to Illinois
The company plans on moving its white-collar workforce to Naperville, while keeping its manufacturing plant in Michigan.
By Brendan Bakala
AFSCME uses fake ‘compromise’ to set stage for state worker strike
AFSCME uses fake ‘compromise’ to set stage for state worker strike
AFSCME – the state’s largest government-worker union – spent two years pushing for contract provisions that would cost state taxpayers billions. Now that the union has lost before the state labor board, it has issued a “framework” for compromise. But that “framework” is merely a publicity stunt to make the union appear reasonable while union leaders threaten a strike to obtain contract provisions that burden state taxpayers.
By Mailee Smith
Illinois Senate passes term limits for legislative leaders
Illinois Senate passes term limits for legislative leaders
The Senate on Inauguration Day took action to limit the power of its legislative leaders. Meanwhile, House Democrats re-elected Mike Madigan as House speaker, ensuring he will become the longest-tenured legislative leader in modern American history.
By Austin Berg
Madigan makes history while Illinois’ middle class races toward extinction
Madigan makes history while Illinois’ middle class races toward extinction
At the end of his term in 2019, Madigan will be the longest-serving House speaker of any state in modern U.S. history.
By Austin Berg
Madigan’s economic agenda is not aggressive and it’s not reform
Madigan’s economic agenda is not aggressive and it’s not reform
The newly re-elected House speaker is pushing a new tax on businesses, an increase to the minimum wage and more spending, while doing nothing to address salient problems such as workers’ compensation and pension debt.
By Michael Lucci