The Civic Federation's Institute for Illinois' Fiscal Sustainability produced this analysis of the proposed FY2010 Illinois operating and capital budgets. The Civic Federation does not support the proposed operating budget because it raises taxes without fixing the state's structural deficit. If significant pension and employee healthcare reforms are implemented, the Federation could support a…
Urges General Assembly to Reject Proposed Illinois Budget CHICAGO (May 11, 2009)—The Civic Federation rejects Governor Pat Quinn’s proposed $52.9 billion FY2010 operating budget because it raises taxes without fixing the state’s core problems. The Federation’s new Institute for Illinois’ Fiscal Sustainability released today a 90-page analysis of the budget, offering alternative proposals that…
The Civic Federation's Institute for Illinois' Fiscal Sustainability produced this guide for addressing the state's FY2010 budget. The roadmap provides an in-depth outline of best practices for a budget that would confront the state's growing fiscal crisis, including the areas of state spending, revenue, pensions, employee and retiree health insurance, Medicaid, capital, and asset sales.
Best Practices and Principles for Difficult Economic Times CHICAGO – The Civic Federation’s new research institute, the Institute for Illinois’ Fiscal Sustainability, delivered to Governor Quinn and every member of the General Assembly today a detailed roadmap for addressing the state’s FY2010 Illinois budget. The first-of-its- kind in Illinois report provides an in-depth outline of best…
This issue brief and position statement reviews President-Elect Obama and Congressional leaders' proposed federal stimulus package. The Civic Federation supports a federal infrastructure plan that aims to create jobs as a countercyclical economic measure to combat recessionary trends. We are concerned, however, that the State of Illinois is ill-equipped to participate in the process of securing…
This primer on the proposed FY2009 State of Illinois budget provides a brief overview of the highlights of the spending plan.
This report reviews the features and costs of the current State of Illinois employee group health insurance program, examines the fiscal impact of the program on the State operating budget, and makes policy recommendations for containing the program's rising costs.
The Civic Federation supported the Governor's proposal to issue long-term debt to meet the State's past pension obligations because of the dire budget condition of the State, past funding inadequacies, nad the currently historically low interest rates. However, the Federation strongly warned against the practice of debt financing to correct ordinary budget shortfalls or to fund normal operations.
This study provides a review of existing research on Midwestern high-speed rail, an analysis of high-seed rail projects in other nations and examines future developments in rail transportation.
