While every state around it continues to grow in population and prosperity, Illinois keeps shrinking under the strain of higher taxes and more regulations, Michael Lucci, vice president of policy for the Illinois Policy Institute, said in an article on the institute's website.
Public sector employees and retirees could accept less than their constitutionally protected pensions if they understand it's them or public education, an economist said during an appearance on a recent Chicago-based radio show.
Officials in Springfield and around the country are talking about a “pension cliff” and trying to determine what will happen as large numbers of educators become fully vested in school district pension benefit systems.
Democratic state lawmakers showed their true colors in May when they demanded an investigation into an article about apparently doomed school funding reform legislation, a radio show co-host said recently.
Illinois’ average personal income growth since the Great Recession is tied with Nevada for the worst in the country, according to data from the Pew Charitable Trusts recently published on the Illinois Policy Institute website.