Posts tagged "Budget Deficit"

Race, poverty and politics: first meeting of the infrastructure trust; city council mulling eminent domain to help troubled homeowners

Rahm Emanuel’s infrastructure trust had its first meeting Thursday. According to Crain’s Chicago Business, the board chairman, a retired Boeing executive, put forward rules to organize the operation of the trust. The group’s activities are expected to be subject to Freedom of Information Act requests. Eventually, the trust will need about $200 million to take... Read more »

Illinois' budgetary train wreck and think-tank's taxing solution

Times have been hard around the country the past two years, but Ralph Martire, executive director of the Center for Tax and Budget Accountability, thinks Illinois’ budgetary woes resemble a train wreck. In its new report, released today, Martire’s Chicago-based budget think-tank said the state’s low levels of taxation, a multi-year practice of using the... Read more »