Open wallet, pay interest
This editorial discusses the finding in the Civic Federation’s “Cost of the Crisis” report that…
This editorial discusses the finding in the Civic Federation’s “Cost of the Crisis” report that…
To help the public gain a better understanding of its 2011 preliminary budget and funding programs, the Regional Transit Authority is hosting two free “webinars” on September 16 and September 22. The…
Earlier this week the Institute for Illinois’ Fiscal Sustainability at the Civic Federation released…
(CHICAGO) The Civic Federation released today a comparative analysis of the cost of the $9.6 billion in bonds the State of Illinois issued between September 2009 and July 2010. The report estimated that Illinois government may pay as much…
This issue brief provides a comparative analysis of the cost of the $9.6 billion in bonds the State of Illinois issued between September 2009 and July 2010. The report estimates that Illinois government may pay as much as $551.3 million…
A recent report shows that nearly all the bond subsidies promised under the Build America Bond (BAB) program are being paid by the federal government to issuers applying for the credit without significant administrative delay. The BAB…
Illinois Governor Pat Quinn recently announced his plans for $500 million in mass transit infrastructure improvements across the State. $…
This article is about how state pension systems around the country are coping with the effects of the financial crisis. The Civic Federation comments on the State of Illinois’ recent pension reforms, saying that the reforms are a good…
This editorial discusses recent efforts to overhaul the State of Illinois’ public pension systems and reduce its unfunded liabilities. It mentions a Civic Federation proposal to eliminate the income tax exemption for pension income in…
This editorial about Illinois’ perilous fiscal condition features Civic Federation commentary about the State of Illinois’ fiscal crisis and mentions recommendations made by the Federation in its “Fiscal Rehabilitation Plan for the State…