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Illinois gets its first credit rating upgrade in two decades

Illinois gets its first credit rating upgrade in two decades
chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.

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Illinois gets first credit rating upgrade from Wall Street since George Ryan was governor. But it's still in the basement. | Government and Politics

Illinois gets first credit rating upgrade from Wall Street since George Ryan was governor. But it's still in the basement. | Government and Politics
herald-review.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from herald-review.com Daily Mail and Mail on Sunday newspapers.

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Analysis of Gov. Pritzker budget plan highlights 'structural deficit'

Gov. JB Pritzker was able to come up with a balanced state budget plan for the next fiscal year despite voters turning down a proposed move from a flat to a graduated income tax in November.
But that feat, which still requires the General Assembly to eliminate more than $900 million in tax breaks prized by businesses, doesn’t hide the fact that Illinois needs structural tax reform and refinancing of its pension debt to stabilize finances and avoid more cuts to education and other state services, according to a Chicago-based tax policy think tank.
“The problem is still there,” said Allison Flanagan, co-author of a new analysis of Pritzker’s fiscal 2022 spending plan released Thursday by the progressive Center for Tax and Budget Accountability. ....

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Pritzker budget plan doesn't resolve structural deficit, other financial ills, report says

Gov. J.B. Pritzker was able to come up with a balanced state budget plan for the next fiscal year despite voters turning down a proposed move from a flat to a graduated income tax in November.
But that feat, which still requires the General Assembly to eliminate more than $900 million in tax breaks prized by businesses, doesn t hide the fact that Illinois needs structural tax reform and refinancing of its pension debt to stabilize finances and avoid more cuts to education and other state services, according to a Chicago-based tax policy think tank.
The problem is still there, said Allison Flanagan, co-author of a new analysis of Pritzker s fiscal 2022 spending plan released Thursday by the progressive Center for Tax and Budget Accountability. ....

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Column: 'Lincoln Is Crying' film takes comedic look at history of political corruption in Illinois

Column: 'Lincoln Is Crying' film takes comedic look at history of political corruption in Illinois
chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.

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