News
WSJ | Illinois Growth Threatened by Finances, Report Says
A culture of short-sightedness among the leaders of Illinois threatens the state's economic growth and its ability to provide the basic services its residents need, according to a new report on state fiscal problems by a high-profile task force.
Econ Comments & Analysis
WSJ | State of Dysfunction
The precarious financial situation in liberal states is the big story no one wants to talk about, but maybe Illinois voters will start to pay attention with the new report from former New York Lieutenant Governor Richard Ravitch and former Federal Reserve Chairman Paul Volcker. "Illinois has been doing backflips on a high wire, without a net," they write as part of their State Budget Crisis Task Force.
Politico | Progressives should support a ‘grand bargain’
This week, some of the most vocal progressive organizations planted a flag in the ground in opposition to a grand bargain budget agreement in the lame duck Congress. Led by AFL-CIO President Richard Trumka, who Tuesday wrote an op-ed in POLITICO, “Americans don’t want ‘grand bargain,’” these groups made a particular point in opposing any fixes to Social Security and Medicare.
