NEW: We looked back on @JBPritzker's term so you don't have to
Property taxes:

✅modest local pension consolidation
❌failure to lead on long-term pension reform
Other taxes and fees?

We’d rather not relive it but here you go. ⬇️
Budget:

✅$14B from the federal government
✅$1B added to rainy day fund
✅6 credit upgrades
❌continued deficits
❌lowest credit rating in U.S.
❌missed unemployment fund loan repayment deadline
❌businesses on the hook for $64M to repay the above debt
Jobs and economy:

❌3rd-worst unemployment rate in the U.S.
❌worst home foreclosure rate in the U.S.
Jobs:

✅gains from Kellogg’s, Rivian and Amazon
❌6 major companies relocated out of state
❌overall business climate fell to 36th from 29th in the U.S.
❌only state in the U.S. to drop in business tax climate ranking in 5 years
Pensions:

⚠️@JBPritzker inherited the worst pension debt in the U.S.
✅contributed $500M more than required in 2022
❌It’s since skyrocketed by $72B
❌pension costs now consume 25% of the state budget

• • •

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More from @illinoispolicy

Oct 18
NEW: @WSJ comes out against Amendment 1 Image
@WSJ Just as @CTULocal1 used its 2012 strike to evangelize its vision of unionism nationwide, other government unions view Amendment 1 the same way.

It isn't about "rights"; it's about asserting power over taxpayers, and replicating the model nationwide. They say so themselves. ⬇️ Image
Read 5 tweets
Oct 18
NEW: Happy Anniversary!🎈

Three years ago, @CTULocal1 walked out on poor kids for 11 school days.
@CTULocal1 The outcome: a $1.5 billion contract. 💰

As usual, @CTULocal1 celebrated it as a historic achievement.

But as usual, @CTULocal1 will inevitably dismiss it as insufficient the next time they get the itch to walk out on poor kids.
Read 5 tweets
Oct 17
NEW: @dailyherald is the latest Illinois newspaper to endorse a "NO" vote on Amendment 1
.@dailyherald's editorial follows @chicagotribune and @news_gazette also endorsing a "NO" vote on Amendment 1.
Read 5 tweets
Oct 17
"But—but the amendment doesn't even *say* anything about taxes!" Image
higher cost of government ➡️ higher property taxes Image
Read 4 tweets
Oct 16
There is no amount of emojis or poorly executed pop culture references that can rescue teachers unions' failed monopoly on K-12 education.
Oh... Image
Parents everywhere, be skeptical of weak bureaucrats who are tragically dependent on recycled hyperbole and too insecure to defend their system in their own replies.

Image
Read 5 tweets

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