Illinois Supreme Court Rejects Bid That Would’ve Blown Up State’s Finances

SPRINGFIELD — The Illinois Supreme Court on Thursday unanimously shot down a legal challenge to bonds issued by the state in 2003 and 2017, which sought to halt repayment on the bond debt — likely leading to default and fiscal chaos. Instead, Illinois’ seven high court justices agreed the state’s two bond sales in question […]

Lawsuit Filed Over Graduated Income Tax Ballot Measure

SPRINGFIELD – The libertarian-leaning Illinois Policy Institute on Monday filed suit in an effort to derail Gov. JB Pritzker’s signature policy proposal — changing Illinois’ constitution to allow for a graduated income tax — by forcing the state to issue “corrective notices” about the intent of the tax change, or declaring the vote on the amendment […]