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Illinois State Politics

Illinois is better prepared for the next recession

By Frank Manzo IV
Dec 29, 2024 5:15 am - For much of the past two decades, Illinois’ recession preparedness was wholly inadequate. But new research from the Illinois Economic Policy Institute and the Project for Middle Class Renewal at the University of Illinois reveals a major shift compared to where our state was during the last two major economic downturns — the Great Recession and the COVID-19 recession.
Illinois’ minimum wage to increase to $15 on Jan. 1, completing 6-year transition

By Ben Szalinski
Dec 26, 2024 11:19 am - The minimum wage in Illinois will increase to $15 an hour on Jan. 1, completing a six-year transition period since the increase was approved in 2019.
2024’s highs, lows for Illinois businesses; getting more highs in 2025

By Matt Paprocki
Dec 22, 2024 6:04 am - In 2025, Illinois lawmakers must prioritize improving the business environment to foster growth and stability. Anything else will hurt our job creators, which hurts us all.
Illinois is ending its 1% tax on groceries. Will your town replace it?

By Steve Zalusky
Dec 21, 2024 1:15 pm - The elimination of the state’s grocery tax in 2025 might save shoppers a little, but will cost their communities big. Here’s how some suburbs plan to make up for the lost revenue.
Regulators OK statewide electric grid upgrades, rate increases

By Andrew Adams
Dec 20, 2024 9:11 pm - Editor’s note: This story was changed to reflect the correct amount approved for Ameren. Illinois utilities are set to invest more than a billion dollars into upgrad...
Why Illinois lawmakers might change pension benefits for some employees

By Ben Szalinski
Dec 20, 2024 1:56 pm - Changes that would make Illinois pension systems compliant with Social Security by improving benefits for government employees hired since 2011 could be on the table when lawmakers return to Springfield in January.
Deer Park considering grocery tax

Daily Herald Report
Dec 17, 2024 3:39 pm - Deer Park could be the next suburb to approve a 1% tax on grocery-store purchases.
As budget tightens, report finds Illinois better prepared for recession than in recent past

By Ben Szalinski
Dec 11, 2024 10:00 am - State lawmakers will face a projected budget deficit and slowing revenue when they return to Springfield in January, but a new report shows fiscal decisions made in recent years have put Illinois in a better position to handle a recession than in recent decades.
State rep worker falls ill after opening suspicious mail

By Susan Sarkauskas
Dec 10, 2024 9:12 am - Staffer hospitalized after opening suspicious mail at state Rep. Barbara Hernandez's office in Aurora; the U.S. Postal Inspection Service is investigating potential hazardous materials.
Cutting through the noise in 2025 to work for small businesses

By Elliot Richardson
Dec 08, 2024 6:30 am - The small business community needs a common sense, meaningful, and robust agenda in 2025. Elliot Richardson says the Small Business Advocacy Council will deliver.

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