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Credit Downgrade

You'll Look Like Chumps

The Chicago Tribune wrote that the 15 Republicans who voted for Madigan's tax hike will look like chumps. Does the 32% tax hike change Illinois' fiscal trajectory? Does Governor Rauner want his veto overridden? Does Speaker Madigan want to override the veto? Is Madigan the master of blackmail politics? Illinois State Representative for the 97th district Mark Batinick joined Dan and John Kass to argue for a principled path forward that protects Illinois families.

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IL's New Low: A Historically Bad Credit Rating

Illinois' credit rating was downgraded to one notch above junk status, the lowest in the country. On this edition of Illinois Rising, Dan Proft and Pat Hughes talk about how the state got there with economist Jeffrey Dorfman. They also discuss a new education funding bill that passed the General Assembly that would effectively take money from other school districts to pay for Chicago Public Schools. And what are the prospects for Right to Work to become a national policy? A case originating in Illinois could be headed to the Supreme Court that would make that a reality.

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