Forget these pretend one-year "balanced" budgets. Illinois needs a multiyear restructuring plan to keep residents from fleeing. We've said it for a long time. Illinois' one-year budgets mean nothing in...
It's long past time to deal decisively with Chicago Public Schools' problems and to recognize that the Chicago Teachers Union is incorrigible. Its members have walked out or struck in...
Illinois received a credit rating upgrade from Moody's Investors Service to Baa2, a level two notches above junk. It's the state's first upgrade in some 20 years and a major...
Fifty words, added to the Illinois Constitution as an amendment, could be what helps save the state from an inevitable financial collapse in years to come. "Nothing in this Constitution...
Love 'em or hate 'em, there are some facts you should know about Illinois' wealthy residents before you vote on the state's constitutional amendment that would allow a graduated-rate income...
Serious pension reform seems like a pipe dream today. Illinois' political class is still clinging desperately to tax hikes, pension debt re-amortizations and the hope of a federal bailout to...
Listen to opponents of pension reform and they consistently blame Illinois' pension crisis on underfunding. After decades of not putting enough money into pensions, their argument goes, it's time for...