Politics, More Than Pork, Drove the Pension Debacle
The pension crisis is a looming shadow of Springfield’s long mismanagement. It’s also a symbol of how the two sides can achieve politically unpopular compromise.
The pension crisis is a looming shadow of Springfield’s long mismanagement. It’s also a symbol of how the two sides can achieve politically unpopular compromise.
They can hope and pray, but the budget and tax hikes passed by Senate Democrats are likely to remain bills. But will they remain effective political fodder?
As the governor pushes structural reform, Dems push a balanced budget through the Senate. But will it lead anywhere?
Whose fault is this? Why should you care? What can we do about it?
The Illinois Budget Disaster, Explained It's not that the state simply stopped spending money—in fact, we're spending more than we're taking in. Here's what led up to the budget impasse, how the state is handling its money now, and why you should care about ending it as soon as possible. What Would an Illinois Budget … Read more
It has widespread support, but failed last year in the Supreme Court. But its real value may be only as a trade chip.
One answer: because it polls well and probably wouldn’t change very much. Another answer: Madigan.
It’s incredibly complicated. Freezing property taxes would shift the burden of cost-cutting to local governments—and experts say we need more legislation to make sure that doesn’t do too much damage.
The governor wants to bring Illinois’s benefits down from some of the highest in the country, but Democrats aren’t thrilled about it.
Almost four years after the first try, pension reforms seems politically realistic—and perhaps legally as well.