A case before the Supreme Court could give the territory the power to restructure much of its debt—but only if Congress doesn’t get in the way. Â
Budget
Posted inMoney, Politics, and Power
Let’s Hear It for Tax and Spend
Sanders and Clinton should stop bashing each other as big taxers.
Posted inMoney, Politics, and Power
How Plutocrats Cripple the IRS
You pay more because elites use their influence to pay less.
Posted inMoney, Politics, and Power
The Great Diversion
Charter schools may or may not improve student outcomes—but they divert funds from other public schools.
Posted inEconomic Policy
Clinton Wins Illinois, but Chicago Feels the Bern
Hillary Clinton carried Illinois, swept through three other states, and kept Bernie Sanders at bay in a too-close-to-call race in Missouri. But Chicago Mayor Rahm Emanuel, who endorsed Clinton, cannot revel in the presumptive Democratic nominee’s home state victory anytime soon. Instead, he will face questions about the blowout defeat of the incumbent Cook County […]
Posted inMoney, Politics, and Power
Illinois Governor Pushes Anti-Labor Agenda Amid Budget Standoff
Bruce Rauner’s slate of labor-busting measures has touched off a lengthy budget impasse in Springfield.Â
Posted inEducation in America
Illinois Universities Face Closures, Layoffs as State Budget Impasse Continues
As lawmakers in Springfield fail to pass a 2016 budget, college students are “being held hostage.”Â
Posted inEconomic Policy
Democrats Beat Back Anti-Labor Riders
There’s nothing business-friendly Republicans won’t try in their effort to dismantle organized labor. The recent budget showdown was no exception. However, rather surprisingly, organized labor avoided a shellacking. “We’re relieved,” says Bill Samuel, the AFL-CIO’s director of government affairs. “There was a whole laundry list of rollbacks on worker rights and to the [Department of […]
Posted inMoney, Politics, and Power
GOP Riders Fuel Secret Spending
Conservative riders in the new omnibus budget bill explicitly ban the SEC and IRS from taking critical steps against dark money spending.Â
Posted inEconomic Policy
How Congress Scuttled a Plan to Save Puerto Rico From Default
The GOP really is telling Puerto Rico to drop dead.
