"Illinoisans don’t need a compromise deal that will only offer more of the same failures" -- so says Craig Lesner, the budget and tax research director of the Illinois Policy Institute, in describing the recently put forward Republican budget plan.
One day after the General Assembly ended its spring legislative session, lllinois sank to new depths, as two of the three major U.S. credit rating agencies dropped the state to one step above "junk" bond status, the Illinois Policy Institute reported.
Reforming the Illinois Constitution and making sure the right people are in power to put the state on a fiscally responsible path is the way to securing a bright future, according to Jacob Huebert, a senior attorney at the Liberty Justice Center.
Illinois’ average personal income growth since the Great Recession is tied with Nevada for the worst in the country, according to data from Pew Charitable Trusts published on the Illinois Policy Institute website recently.
The Illinois Policy Institute is raising concern about the state’s budget, and reports that “many no longer care what’s in the budget. They just want to pass ‘something’ so they can go home and tell their constituents and local media that ‘the impasse is over.’”
Stressing that Illinois’ insurance marketplace remains both competitive and ethical, the Illinois Policy Institute took issue with a series of claims made recently by Chicago-based personal injury lawyer Christopher Hurley.
Chicago's collar counties pay some of the highest property tax rates in the country, proving again the need for a permanent property tax freeze in Illinois, Joe Kaiser of the Illinois Policy Institute argued recently.
The chances that Illinois will reach a budget before May 31 and avoid seeing its bond rating lowered to the worst of any state in history are 50-50 at best, according to Mark Glennon, founder of the business and government website WirePoints told the Sangamon Sun recently.