Pew Charitable Trusts
Recent News About Pew Charitable Trusts
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Illinois among 8 states with long-term out-of-balance budgets
Illinois’ revenues during the fiscal years 2005 to 2019 amounted to only 94.1% of the state’s total expenditures, putting Illinois in a group of only eight states with long-term negative fiscal balances, according to a new report from Pew Charitable Trusts.
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Illinois’ non-teaching public employee jobs down 6.9% in wake of pandemic
The size of Illinois’ combined local and state government workforces declined 6.9% from July 2019 to July 2021, representing the fifth largest gap in public-employee job recovery during the pandemic, a Pew Charitable Trusts study concluded.
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Illinois Policy's Schuster on state pension fund: 'You're stable or you're not, and our pensions are not'
Adam Schuster, senior director of budget and tax research for Illinois Policy, disagrees with a recent Pew Charitable Trusts report that says pension funds in Illinois are stable.
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Heartland Institute: progressive income tax would only worsen state’s budget problems
In a recent article critical of a proposed move to a progressive income tax, the Heartland Institute’s Matthew Glans and Lennie Jarratt point out that one of the arguments for the tax is an empty one: revenues the state has been collecting through the current flat tax are among the most robust in the Midwest.
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New study shows Illinois’ fiscal mess is a drag on recovery
Illinois is missing out on the economic boom benefiting most states, a fiscal update from the Pew Charitable Trusts shows. Years of overspending and fiscal mismanagement has the state actually contracting in some economic categories.