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40% Of Chicago s Budget Goes To Pensions, Debt

Illinois Policy Director of Fiscal and Economic Research Bryce Hill says 40% of Chicago’s budget is out the door before it can be spent on services, because it is funneled into the pension and debt service. Chicago Mayor Brandon Johnson’s new US$ 16.6 billion budget may not improve the situation. Hill notes: “On the revenue…

The Policy Shop: Solving poverty the right way

This edition of The Policy Shop is by Director of Fiscal and Economic Research Bryce Hill. America has lost the War on Poverty. After nearly 60 years, the poverty rate remains stuck between 11% and 15%. It focused on making poverty less painful rather than helping people escape a trap that lasts for generations. The free.

The Policy Shop: How bad is Illinois pension problem?

This edition of The Policy Shop is brought to you by Director of Fiscal and Economic Research Bryce Hill. Three years ago, Illinois state lawmakers wrote to Washington, D.C., asking for a favor. Nothing major. Just $40 billion. A cool $10 billion to bail out state and local public pensions, plus extra to prop up.

The Policy Shop: How to stop Illinois from going broke

This week’s Policy Shop is by Director of Fiscal and Economic Research Bryce Hill It’s Wednesday morning. It’s March, but it’s still cold. Naturally, you’ve opened your inbox to find something to brighten your day. And, boy, do I have what you’re looking for. … an analysis of the state budget. Hang on. Before you.

Ep 61: Election Day 101: Understanding Illinois ballot

Voting polls have opened for the Nov. 8 general election and Illinois residents can cast their in-person votes at locations statewide. What’s at stake for Illinois? Bryce Hill explains what voters need to know about everything from Amendment 1 to the gubernatorial race to how many candidates are running for Statehouse office. This week’s Policy.

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