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COOK COUNTY RECORD

Saturday, November 2, 2024

Adam Schuster, Illinois Policy Institute News


Moody's report: Illinois pension debt reaches record high $317 billion

By Adam Schuster, Illinois Policy Institute |
Illinois worst-in-the-nation public pension debt grew 19% year over year. It will continue hurting the state economy and job growth, driving more people out of Illinois, unless there are reforms.

Doubling Illinois' gas tax, other tax hikes will go to fund more than $1.4 billion of waste and pork

By Adam Schuster, Illinois Policy Institute |
Lawmakers sold 21 new taxes and fees as necessary to rebuild crumbling roads and bridges and balance the budget. Instead, taxpayers will be funding dog parks, swimming pools, snowmobile paths, a vacant theater and pickleball courts.