Illinois’ comeback story starts here.

Biden promises nearly $36 billion for national pension bailouts

Biden promises nearly $36 billion for national pension bailouts

The Biden administration promised nearly $36 billion to stabilize pension plans for Teamsters nationwide after forecasts predicted the system’s default by 2026. Union members would have seen their retirement benefits slashed by 60% if the system defaulted.

By Patrick Andriesen

Ep. 63: How small businesses led Illinois’ COVID-19 recovery

Ep. 63: How small businesses led Illinois’ COVID-19 recovery

Both before and after the COVID-19 pandemic, small businesses led Illinois’ job growth. What policies can the state adopt to further encourage small-business growth and promote economic vitality in Illinois? Bryce Hill, director of fiscal and economic research at the Illinois Policy Institute, shares his recommendations on today’s episode. This edition of The Policy Shop...