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Chicago's Civic Federation has laid out a map to lead Illinois out of the fiscal abyss. The non-partisan government research organization says Illinois’…
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The Chicago Board of Education has unanimously approved a $5.4 billion budget that will include increased property taxes. The vote followed protests by…
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Illinois workers get an added bonus once they retire: They don't have to pay taxes on pension or Social Security checks. It's one possible change the...
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CHICAGO (AP) - A Chicago-based research group says cleaning up Illinois' budget mess will require difficult decisions such as raising the income tax,…
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Illinois Governor Pat Quinn is expected to take action Monday on a bill that cuts the retirement benefits of thousands of City of Chicago employees, and…
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A new report shows nearly a quarter of Illinois’ state spending plan for next year will go toward pension payments. The Illinois State House and the State…