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Years of deadbeat Illinois: State has history of shortchanging social service providers

Ted Dabrowski, Illinois Policy Institute Jun. 7, 2016, 7:52am

For years, Illinois lawmakers have prioritized government-worker pay and benefits over social services. Between 2000 and 2015, contributions to Illinois state-worker pension funds shot up 586 percent, while state payments for human services increased by only 10 percent.

Government-worker pensions take away funding meant for students

Ted Dabrowski, Illinois Policy Institute Feb. 29, 2016, 12:55pm

Illinois’ growing pension costs – not the state budget gridlock – are taking away funding for essential government services, such as education.

Chicago Public Schools pull bond sale

Ted Dabrowski, Illinois Policy Institute Feb. 1, 2016, 9:03am

Chicago Public Schools, or CPS, needs to issue $875 million in long-term bonds to help the district avoid bankruptcy – but on Jan. 27, the school district backed out of the planned sale.

Illinois is not prepared for the next recession

Ted Dabrowski, Illinois Policy Institute Jan. 19, 2016, 7:44am

Sky-high debt and a meager rainy day fund make Illinois the second-least prepared state in the U.S. for its capacity to weather a recession.

Illinois to issue $500M in bonds, continues to pay highest borrowing rate of all 50 states

Ted Dabrowski, Illinois Policy Institute Jan. 12, 2016, 7:57am

Illinois’ monthslong budget gridlock, $111 billion in government-worker pension debt, and more than a decade of unbalanced budgets have resulted in credit downgrades for Illinois and the highest borrowing costs of any state in the nation.