It has been one full year since the General Assembly passed a budget that ended Illinois’ two-year impasse. The results are in: This policy was a complete failure.
Not only are we supposed to accept the fact that our state government is overrun with sexual predators—we are also expected to fund their lavish retirement benefits.
As a party, Illinois Republicans now head into the 2018 general election with very little to distinguish them from the state’s “tax-and-spend and borrow-and-spend and spend-and-spend-and-spend” Democrats.
Economists from the Federal Reserve Bank of Chicago suggested an annual 1 percent statewide property tax, on top of the property tax bills owners already pay. Under their plan, you’d be forced to pay thousands of dollars in additional property taxes to try and fill the state’s $130 billion pension shortfall over the next 30 years.
The situation in Harvey is not unique and is an ominous case study for the path that the state and other communities are moving towards. Overall, nearly two-thirds of Illinois’ 651 pension funds got less than their required contribution from their cities in 2016.
At IOP one of our goals is remake the House caucus into a majority economically conservative force that can create a distinguishing brand identity superior to the failed establishment GOP brand and present a material alternative to the Madigan Democrats. Our first strategic objective to achieve this goal is to build a movement from […]