Michael Madigan

Illinois House Speaker Michael Madigan (D-Chicago) said he will call a vote this spring on making the state's temporary income tax increase permanent.

One of the top Democrats in the Illinois legislature is calling for a "millionaire's tax."

Rich Egger

When lawmakers raised individual income taxes from three percent to five percent a few years ago, it came with an expiration date.

Madigan: Cut Taxes for Corporations

Jan 30, 2014

One of the most powerful Democrats in Illinois is calling for a drastic reduction in the state's corporate income tax.

Brian Mackey

Money will likely be tight for politicians crafting Illinois’ next budget, despite a pension law that's supposed to save $160 billion.

Lawsuit Filed Over Paycheck Veto

Jul 30, 2013

The leaders of the Illinois House and Senate have filed a lawsuit over Governor Pat Quinn’s veto of legislative salaries.

IL Colleges to Pay for Employees' Pensions

May 17, 2013

Although they're facing budget cuts, universities and community colleges have said they're willing to begin taking on employees' pension costs.

Pension Overhaul Passes Illinois House

May 2, 2013

The Illinois House of Representatives has approved a massive overhaul of state pensions.

It's the first time the House has passed such a plan after more than a year of negotiating and many failed attempts.

Amanda Vinicky

Illinois Republicans had a theme when they met in Tampa for the Republican National Convention: Fire Madigan.

It’s more than a slogan for the state GOP. It’s an all-out marketing campaign against the Illinois House speaker. It includes t-shirts, buttons and even a baby bib that read “Fire Madigan.” 

The GOP blames Michael Madigan for allowing the state to slide into a fiscal mess. But Madigan said it’s Republicans who are unwilling to do what he called the "heavy lifting."

Rich Egger

Democratic Illinois Governor Pat Quinn and House Speaker Michael Madigan (D-Chicago) support a proposal to shift the pension funding burden from the state to local school districts.

But State Senator John Sullivan (D-Rushville) said there are good reasons to oppose the plan.

“It's a triple whammy for the districts,” Sullivan said. He pointed out:

1) Local districts would be burdened with the responsibility for a major expense.

2) State financial support for school districts continues to decline.

Illinois General Assembly website

Illinois lawmakers continue to wrestle with the state's soaring pension costs. 

The General Assembly is set to adjourn May 31, yet at this time it's still unclear which -- if any -- of the various proposals to reduce pension costs will pass. 

Unions are fighting efforts that would reduce benefits for state workers, university employees, and public school teachers.

But many lawmakers, including House Speaker Michael Madigan, say an overhaul is necessary.  They point to Illinois' $83 billion unfunded pension liability that continues to grow.