The Illinois Department of Employment Security announced today that the Illinois unemployment rate remained at 9.5 percent in March. Three months ago it was 8.6 percent.
Moodys is set to require states and local governments to use more transparent and realistic accounting rules when they report their true pension obligations. And that means Illinois debt and underfunding numbers will skyrocket.
Federal authorities have raided Sacred Heart Hospital on Chicagos West Side after alleged crimes of medically unnecessary sedation, intubation and tracheotomy procedures on patients in an attempt to defraud Medicare and Medicaid.
Illinois Gov. Pat Quinn announced a proposal on Wednesday to spend $12.62 billion over the next six years on transportation projects.
Texas Gov. Rick Perry wrote a letter to businesses in Illinois, offering them a way to escape the states dire fiscal mess and punishing business climate move to Texas.
After several hours of debate, the city council voted 6-3 to raise the sales tax from 8 percent to 8.5 percent to repay an $86.6 million, 15-year bond issue to finance the three-year infrastructure program.
Illinois Policy Institute, in partnership with the Union League Club of Chicago and its Public Affairs Committee, is hosting the Digital Learning Symposium in Chicago.
If you can't beat them, join them.
Forty-four years ago this week, Illinois began collecting a state income tax.
Early last week, members of the Illinois House Education Committee voted to allow an amendment to House Bill 494, which aims to establish a three-year moratorium on virtual schools in Illinois, to go to the House floor.
291 days and counting...
The good news: today state Rep. David McSweeney, R-Barrington Hills, introduced a measure that opposes efforts to pass the next multibillion dollar tax hike in Illinois a progressive income tax.
The 67 percent tax hike on individuals and the 46 percent tax hike on corporations were supposed to pay down the states unpaid bills, but instead 80 cents out of every tax hike dollar went to fund state worker pensions in 2012.
PRESS RELEASE from the ILLINOIS POLICY INSTITUTE MEDIA CONTACT: Diana Rickert diana@IllinoisPolicy.org or (312) 607-4977 Illinois Policy Institute applauds House Resolution opposing graduated income tax Implementing a “graduated” or “progressive” tax structure in Illinois would mean tax hikes for middle class Illinoisans SPRINGFIELD (April 15, 2013) Across the state, tax hike advocates are laying...