Many local governments in the state face severe legacy cost pressures, but Chicago appears to be in a league of its own.

“…don’t buy the hype that another expansion of gambling will represent some kind of financial panacea for our financially challenged state. Legal gambling generates revenue, but it also generates costs, including a fraying of the social fabric of society.”

An actuary’s perspective.

Comment: Blank check issued by the Pritzker administration have become routine. The cost of step pay increases, environmental goals and minimum wages paid by government have all been accompanied by “dunnos” from the administration.

Comment: Bingo. And those reforms must be sweeping enough to convince people to stay.

Comment: This is pathetic. Utterly, completely, outrageously pathetic. See our reaction linked here.

Comment: Decades too late for that message.

We will be reviewing them and giving our thoughts.

While Trump offered no specifics on the complaints or what he might do, even his hint held the potential for enormous interest in New York, Connecticut, New Jersey, and other high-tax states. The SALT cap has hit taxpayers there particularly hard, because of higher state levies, property values, and real estate taxes.

Comment: Props to Civic Federation for watching this closely.

You want job creators to abandon Illinois at an even swifter pace? Then pass a minimum wage higher than that of every surrounding state. And that’s what lawmakers are poised to do.