Recent News About Illinois Policy Institute
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Illinois was ranked as the most restrictive state in the U.S. in a survey of COVID-19 actions that impact everyday life.
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Some of those leading Illinois’ response to COVID-19, or those close to them, have not exactly been following the rules about staying home and social distancing.
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COVID-19 and measures to contain the disease have resulted in unemployment that’s over 50% higher than the worst months of the Great Recession.
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Two decades of fiscal mismanagement have left state finances ill-prepared for the COVID-19 pandemic. Congress should condition any additional aid for troubled states on taxpayer protections that ensure pensions are solvent, accounting is realistic and budgets are balanced.
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Pritzker is doing exactly the wrong things, and unless he changes course soon, Illinois is finished.
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The severe economic downturn brought on by the coronavirus outbreak and measures taken to contain it could cause state personal income tax revenues to fall by 14.7% to 33.8% this year.
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Pritzker should join other Democratic governors in postponing automatic pay raises, which would free up funds for needy Illinoisans and potentially preserve state worker jobs in the long run.
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Illinois’ financial outlook was changed from ‘stable’ to ‘negative’ by two major ratings firms, raising the risk the state’s credit rating will formally fall to non-investment grade status.
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A quarter of Illinois’ workers are staring down the economic impacts of a global pandemic.
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Health care institutions need flexibility to prepare for infection rates that could overwhelm current hospital bed capacity.
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In the case of an epidemic like COVID-19, Illinois governors are given a wide range of emergency powers for a limited period of time.
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Unemployment claims spiked this week as Illinois Gov. J.B. Pritzker ordered bars and restaurants to halt dine-in service, the service industry took major hits and large gatherings were banned to curb the COVID-19 pandemic.
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Illinois Gov. J.B. Pritzker on March 20 ordered state residents to stay home except for essential workers and trips for supplies. The order came as Illinois recorded its fifth death and 585 confirmed cases of COVID-19.
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The novel coronavirus, COVID-19, is creating volatility and uncertainty in financial markets and among businesses across the globe. Every state government will face serious fiscal and economic challenges as a result.
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Visions of the community’s future no longer bring comfort. Instead, they inspire crippling fear.
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A Columbia land parcel sold for $1,000,000 as part of the St. Clair County real estate transactions Jan. 27-31.
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There’s no doubt: the county taxed soda more, so people bought less of it. It’s a simple lesson. So why doesn’t Springfield get it?
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Property taxes in Illinois are nearly double the national average. Until state lawmakers trim down thousands of local governments and pursue pension reform, those bills wills remain high.
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Progressive income tax would essentially wipe out all 2019 employment gains in Illinois, and then some.
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Illinois could put $708 million more toward classrooms or property tax relief if it reduced school district bureaucracy to national average.