Rauner vetoes state bailout of CPS pensions
Rauner vetoes state bailout of CPS pensions
Gov. Bruce Rauner vetoed the $215 million bailout of Chicago Public Schools’ ailing teachers’ pension fund.
Gov. Bruce Rauner vetoed the $215 million bailout of Chicago Public Schools’ ailing teachers’ pension fund.
Illinois needs structural reforms to fix its fiscal problems, not a tax hike by lawmakers on their way out the door.
Illinois House Speaker Mike Madigan’s spokesman, Steve Brown, has repeatedly implied that Illinois insurance companies are hoarding cost savings. However, this couldn't be happening unless insurance companies were colluding in violation of the principle of antitrust laws, and there's no evidence they are. Illinois trial lawyers have echoed Brown's sentiments, but they don't seem to see evidence of antitrust violations either given that they haven't brought lawsuits against insurance companies for violating federal antitrust law.
AFSCME’s most recent ploy is a clear demonstration of its discard for the labor process. The union isn’t interested in fair negotiations and outcomes – it is only interested in skewing the process to serve its own goals.
Unlike the people who voluntarily have given tens of thousands of dollars toward Cards Against Humanity's Black Friday hole-digging gag, Illinois taxpayers are forced to pour money into the state's ever-growing budget and pension gaps.
Calls for a minimum-wage hike nationwide and in Illinois are increasingly met with businesses’ use of technology to cut costs.
Illinois House Speaker Mike Madigan told reporters he has “overwhelming support” to be re-elected to his longtime post come January. Another two-year term would bring his total tenure as speaker of the House to 34 years.
Chicago City Council expanded its 9 percent amusement tax to include businesses subscribing to satellite television – another way to nickel and dime the most taxed residents in the state.
The northwest suburb of Barrington passed an ordinance to allow local businesses to forgo Cook County’s minimum wage hike, which has the potential to be devastating for jobs in the county.
Workers’ compensation is a significant cost to Illinois taxpayers and drains scarce tax dollars from government coffers. Political and business leaders often view workers’ compensation as a costly regulation that affects private-sector investment and employment in Illinois.[1] This description is accurate yet incomplete. The same heavy costs imposed on private-sector employers[2] are also imposed on...