Illinois’ June WARN report shows 600 mass layoffs for the state in June, with 44 jobs lost in manufacturing, an improvement over May’s 1,300 layoffs and 500 manufacturing job losses.
AFSCME is demanding pay hikes, better health care coverage and pension benefits over a new, four-year contract, which would cost state taxpayers $3 billion more than what the state is offering.
Madigan’s stated concern for the middle class rings hollow given that his own plan to boost the state’s fiscal health consists solely of income-tax increases, which would directly reduce the wages and standard of living for Illinoisans.
Illinois entrepreneurs face myriad regulations that impede starting or running a business. Compliance with those regulations is costly; more importantly, it is almost impossible for entrepreneurs to know every regulation that affects their businesses. The uncertainty of not knowing the law creates a regulatory minefield and takes away opportunity for Illinoisans.
Headlines in June show why Chicago is considered one of the most corrupt cities in the world.
More than a year without a contract, the state’s largest government-worker union is requesting unreasonable and unaffordable perks, even though the governor has already offered several extravagant benefits.
Most states have far outstripped Illinois on the number of jobs recovered. And even worse, Illinois has also lagged in the quality of jobs recovered. Illinois was the 37th state to recover and match its pre-recession jobs count. But there are still 110,000 fewer Illinoisans working today than before the recession began.
A principle once invoked to shake down speakeasies is now used to pick winners and losers in a city desperate for opportunity.
The stopgap budget passed by the General Assembly provides six months worth of funding for government services such as road construction, as well as a full K-12 education budget for the 2016-2017 school year, property-tax-raising authority for Chicago, and more state funding of pensions for Chicago Public Schools teachers.
The Land of Lincoln is one of only seven states to impose harsh restrictions on the sale and possession of fireworks.
The stopgap budget compromise reached between the General Assembly and Gov. Bruce Rauner will fund government operations for the next six months and ensure that schools open on time in the fall.
Illinoisans face the highest median property-tax rate in the nation.