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Illinois Budget

'Big Bang' Budget Bad for Illinois

Emily J. Miller | Posted 09.11.2014 | Chicago
Emily J. Miller

In a recent editorial, the Wall Street Journal wrote a disastrous economic prescription for Illinois, one that calls for a "big bang" of the sort that has blown up Kansas' budget and turned that state into a poster child for reckless and short-sighted financial management.

The Pension Crisis as Told by TV's Finest

Reboot Illinois | Posted 05.25.2014 | Chicago
Reboot Illinois

Get a little confused by all of this pension talk? We've brought some of your favorites from the talking box to help you figure it out!

Illinois Is the WORST State for Nonprofit Agencies

Madison Bondi | Posted 05.21.2014 | Chicago
Madison Bondi

According to a map put together by reddit user, bigafricanhat, using statistics from StateMaster.com, Illinois is apparently the WORST for nonprofit agencies.

Governor's Budget Projections Mean Huge Cuts for Kids

Emily J. Miller | Posted 03.11.2014 | Chicago
Emily J. Miller

While Illinoisians rang in the New Year with family and friends, a little-noticed new forecast released by the Governor's Office of Management and Budget (GOMB) on the first of the year leaves no room for celebration.

How Does the State's Pension Disaster Affect Illinoisians?

Reboot Illinois | Posted 10.20.2013 | Chicago
Reboot Illinois

Gov. Pat Quinn estimates that the pension liability grows by $12.6 million every day. We've heard about this issue for so long that it's become a jumble of doom-laden numbers all so large they are difficult to comprehend.

Hey, Chicago, Whattya Say? Chapter 9 Is on the Way?

Bob Williams | Posted 10.08.2013 | Chicago
Bob Williams

Today, Chicago residents can count on their streetlamps working tonight and the police responding to emergencies in well under an hour. Unless they demand immediate action to address public employee retirement costs, that may not be true tomorrow.

My Top Quotes in Illinois

Madison Bondi | Posted 10.01.2013 | Chicago
Madison Bondi

The pension crisis still has no solution, and as each day passes, the Illinois taxpayers are the ones who pay the piper -- literally. It's cost ‪‎taxpayers‬ $21 billion since 2000, and it's only getting worse.

My Top Quotes in Illinois This Week

Madison Bondi | Posted 08.31.2013 | Chicago
Madison Bondi

I took their triumph as a sign of hope for Chicago and the state of Illinois that improvement in an organization, whether it is a hockey team or a government, is possible.

State Ends Fiscal Year With $6.1 Billion Backlog Of Unpaid Bills

Reuters | Posted 09.01.2013 | Chicago

CHICAGO, July 1 (Reuters) - Illinois ended fiscal 2013 with an estimated $6.1 billion in unpaid bills and other obligations, and that could swell to...

How Much Money Does Illinois Have? We Don't Know!

Anthony Knierim | Posted 08.26.2013 | Chicago
Anthony Knierim

How much of our money does Illinois have? Is it spending too much? We still don't know, yet. Here we are, nearly a year after Illinois' last fiscal ...

My Top Quotes in Illinois This Week

Madison Bondi | Posted 08.24.2013 | Chicago
Madison Bondi

Starting with the seemingly-endless battle of pension reform in Springfield, to our crumbling public school systems in Chicago; no one can deny that this week in Illinois was brimming with some pretty intriguing sound bites.

Legislators load up on dessert and skip vegetables

Reboot Illinois | Posted 08.07.2013 | Chicago
Reboot Illinois

As has occurred far too often over the years, our elected officials ate their dessert first last week. The vegetables got pushed off the dinner tab...

Two very different approaches to solving Illinois' pension crisis

Reboot Illinois | Posted 07.24.2013 | Chicago
Reboot Illinois

In the final two weeks of the 2013 spring legislative session, lawmakers are weighing two bills that address what is arguably the greatest financial crisis in state history.

Illinois House Should Pass Fair Pension Bill, SB 2404

Michael T. Carrigan | Posted 07.21.2013 | Chicago
Michael T. Carrigan

On a range of issues, our state faces tough problems that can only be solved by stakeholders and elected officials working together. The new pension reform legislation, Senate Bill 2404, shows the way.

Nonprofits Need Solutions to Illinois' Budget Crisis

Valerie S. Lies | Posted 07.02.2013 | Chicago
Valerie S. Lies

It's no secret the State of Illinois faces an enormous budget crisis. Vital services across the state are being squeezed out to pay for past-due obligations to pension plans and debt service.

Pension Fix Faces Political, Legal Hurdles

Reuters | Posted 06.08.2013 | Chicago

By Karen Pierog CHICAGO, April 7 (Reuters) - Illinois lawmakers begin a two-month push on Monday to enact major pension reform, under ...

State's Elderly Home Care Program Almost Out Of Money

Reuters | Posted 05.09.2013 | Chicago

By James B. Kelleher CHICAGO, March 8 (Reuters) - Illinois warned that it will run out of money next week to pay for a program that al...

State House OKs Pension Payment Cap, Avoids Bigger Reforms

Reuters | Posted 05.08.2013 | Chicago

By Renita Young SPRINGFIELD, Ill., March 7 (Reuters) - The Illinois House of Representatives on Thursday took the firs...

Pension Spending, Unpaid Bills Loom Large In State's New Budget

Reuters | Posted 05.06.2013 | Chicago

SPRINGFIELD, Ill., March 5 (Reuters) - Illinois Governor Pat Quinn will unveil a fiscal 2014 budget on Wednesday that will chip away at a huge pile ...

Report: Illinois' $43.8 Billion Budget Deficit Is Nation's Worst

Posted 06.22.2012 | Chicago

A report released Thursday by the state's Auditor General claimed that Illinois' ever-bulging budget deficit is "easily" the nation's worst. Illino...

Governor's Prison Closure Plan 'Final' Despite Opposition

Posted 06.20.2012 | Chicago

Democratic Illinois Gov. Pat Quinn on Tuesday announced that his decision to close two downstate prisons -- in Tamms and Dwight -- is "final," even as...

Springfield Budget Recap -- The Poor Get Poorer

Dan Lesser | Posted 08.19.2012 | Chicago
Dan Lesser

The final budget voted by the Illinois General Assembly makes historically deep cuts to medical assistance and other programs that help and provide opportunity for the poor.

State HIV/AIDS Funding Cuts Decried By Health Advocates

Posted 06.16.2012 | Chicago

Funding cuts to community-based HIV prevention, harm-reduction and housing programs approved last month by Illinois state lawmakers have "set back the...

Quinn Signs $1.6 Bilion In Medicaid Cuts, Cigarette Tax Hike Into Law

Posted 06.14.2012 | Chicago

Democratic Illinois Gov. Pat Quinn on Thursday signed a package of legislation -- including $1.6 billion worth of Medicaid cuts and a $1-per-pack ciga...

State Torture Commission's Funding Slashed, Prompting Shutdown

Posted 06.05.2012 | Chicago

Now that former police Cmdr. Jon Burge is serving time for his involvement in coerced confessions, the state legislature has voted to slash funding to...