April 18, 2016

Chicago Tonight, WTTW

Chicago Tonight, WTTW
April 18, 2016

This article reports on Illinois Comptroller Leslie Munger addressing the budget impasse by delaying paychecks to lawmakers until the stalemate is resolved. Civic Federation President Laurence Msall remarks that the Comptroller’s plan draws increased attention to the fact that Illinois has been operating without a budget for the past ten months, during which many of the State’s vendors have continued to provide services without being paid.

 

April 19, 2016

Chicago Tribune

Chicago Tribune
April 19, 2016

This article examines the amount of borrowing and tax increases necessary for the City to construct the George Lucas Museum of Narrative Art. Laurence Msall, President of the Civic Federation, notes that it would be difficult to prioritize such a project in the midst of the budget impasse.

April 17, 2016

CBS Chicago

CBS Chicago
April 17, 2016

This article discusses an announcement by Illinois Comptroller Leslie Munger that lawmakers’ paychecks will be delayed as a result of the ongoing budget impasse. Civic Federation President Laurence Msall notes that not having an FY2016 budget has been devastating for groups that rely on the State funding.

April 14, 2016 - 4:41pm


April 14, 2016

The Civic Federation co-hosted a conference with the Federal Reserve Bank of Chicago on April 4, 2016 entitled, “Medicaid Expansion and the Affordable Care Act: A Fiscal Checkup.” Experts, practitioners and academics from around the country gathered to discuss the choices states have made with regard to expanding coverage to previously uninsured populations. Attendees to the sold out conference included civic and business leaders and representatives of the healthcare community.

 


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April 11, 2016

Reboot Illinois

Reboot Illinois
April 11, 2016

This article discusses a recent state budget forum featuring a panel of eight Illinois lawmakers providing their respective insights on Illinois’ current financial crisis. Civic Federation President Laurence Msall co-moderated the event. He called on lawmakers to provide specific solutions to end the budget impasse and reinforced the reality that in the absence of an FY2016 budget, Illinois is spending more than it is taking in. 

April 11, 2016

Curious City, WBEZ Chicago

Curious City, WBEZ Chicago
April 11, 2016

This segment examines how the State of Illinois has been spending billions of dollars in revenue even in the absence of an FY2016 budget. Laurence Msall, President of the Civic Federation, notes that the impasse creates tremendous burdens for current and future citizens and taxpayers.

 

April 6, 2016 - 2:33pm


April 6, 2016

Due to its growing backlog of overdue group health insurance bills, the State of Illinois is expected to pay a total of at least $454 million in interest penalties in the current and upcoming budget years, according to a new report.


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Links to each presentation can be found within the agenda below:

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7:30 a.m. to 8:00 a.m. — Registration and Continental Breakfast
Badge Pickup and Security Inspection in the Lobby

8:00 a.m. — Welcome
William Testa, Vice President, Federal Reserve Bank of Chicago

8:05 a.m. — Opening Remarks
Trish RileyExecutive Director, National Academy for State Health Policy 

8:50 a.m. — Break

March 31, 2016

The State Journal-Register

The State Journal-Register
March 31, 2016

This article examines the nearly billion dollars of interest the State of Illinois has paid in penalties over the last several years because of its continually late bill payments. Civic Federation President Laurence Msall notes that these penalty payments are a fiscally irresponsible use of the State’s money. 

March 31, 2016 - 4:04pm


March 31, 2016

On March 24, 2015 the Illinois Supreme Court filed its opinion affirming the Cook County Circuit Court’s ruling that the reforms made to the City of Chicago’s Municipal and Laborers’ Pension Funds in Public Act 98-0641 were unconstitutional because they reduced pension benefits in violation of the pension protection clause of the Illinois Constitution. 

 

Background 


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