Fourteen states and the District of Columbia have been operating state-based health-insurance exchanges under the Affordable Care Act.
Illinois’ municipal pension shortfall, excluding Chicago, has spiked to more than $12 billion from $1 billion just a decade ago. Municipalities are suffering the consequences.
In 2011, Illinois Gov. Pat Quinn and the Illinois General Assembly used a lame duck session to pass a 67 percent personal income tax increase and a 46 percent corporate income tax rate increase.
In this important policy assessment, Joshua Dwyer writes about the sorry state of Chicago's public schools. He asserts that, in 2010, then state Sen.
Illinois is in crisis. According to official government numbers, Illinois has an unfunded pension liability of $96 billion – the worst in the nation.
Illinois’s minimum wage, already high at $8.00 an hour, is set to increase by another 25 cents on July 1, 2010.
State and local governments in Illinois collectively owe more than $200 billion in retirement benefits for government workers, according to a report by the Illinois Policy Institute.
“One taxpayer moved out of Illinois every 10 minutes between 1995 and 2009,” according to this Illinois Policy Institute report, and it appears taxes and tax policies are to blame for many of the l