Showing posts with label illinois policy institute. Show all posts
Showing posts with label illinois policy institute. Show all posts
6:15 AM
The Illinois state budget spending has increased according to a report made by the Illinois Policy Institute. A 2% increase means $34.2 billion in spending compared to $33.5 billion that's been originally reported.
Senate Democrats are requesting an additional $480 million in additional appropriations which translates to an additional $1 billion in spending! The formula for more debt is in place. Spending reduction demands need to be met so that Illinois businesses have a chance to grow.
Download the Illinois Policy Institute report here.
"The Illinois Policy Institute outlined a $27.6 billion budget plan that would have been sustainable without January’s tax increase. It included appropriate funding for core government services, and a full payment to the state’s pension funds and bondholders." - from the report
Senate Democrats are requesting an additional $480 million in additional appropriations which translates to an additional $1 billion in spending! The formula for more debt is in place. Spending reduction demands need to be met so that Illinois businesses have a chance to grow.
Download the Illinois Policy Institute report here.
"The Illinois Policy Institute outlined a $27.6 billion budget plan that would have been sustainable without January’s tax increase. It included appropriate funding for core government services, and a full payment to the state’s pension funds and bondholders." - from the report
12:35 PM
The Illinois Policy Institute has released a four-point plan for 2010. This agenda is very promising and provides a framework to go by.
- Pension Funding and Fairness Act. This requires borrowing early on, but would put pensions on a real path to full funding with all debt paid off by 2024.
- No more big spending! Wasteful pork is hurting us.... big time. See the 2010 Piglet Book for details.
- A three-year freeze on state spending The new study, due out in March, will show that spending in Illinois can be flat-lined.
- A full-fledged Illinois Performance Audit will be done which most likely will show the economic decline in Illinois started in 1970. Recommendations for change will reverse the course.
9:01 AM
We have a $9 billion dollar budget hole and spending is going up: about 45% since 1998. The population has only grown about 4%. We have a spending problem. The Illinois Policy Institute is offering liberty-based solution policies.
The Economic Reform Agenda was announced by the Institute and State House Republican Leader Tom Cross on March 11th. The policies include a 3/5 majority votes on tax and fee increases (I agreed with this as a state senate candidate in 2008) and a Stimulus Watch Act, requiring all programs started by the stimulus funding must end when funds are no longer available.
As a result, the Illinois Policy Institute has become the leading pro-taxpayer policy voice in Illinois. Key information is also available from them regarding state public policy.
Download the latest edition of the Institute's publication here: The Compass
Illinois Policy Institute Policy Points
The Economic Reform Agenda was announced by the Institute and State House Republican Leader Tom Cross on March 11th. The policies include a 3/5 majority votes on tax and fee increases (I agreed with this as a state senate candidate in 2008) and a Stimulus Watch Act, requiring all programs started by the stimulus funding must end when funds are no longer available.
As a result, the Illinois Policy Institute has become the leading pro-taxpayer policy voice in Illinois. Key information is also available from them regarding state public policy.
Download the latest edition of the Institute's publication here: The Compass
Illinois Policy Institute Policy Points
