Join the Coalition

Illinois Is Broke
Coalition Members

  • The Civic Committee
  • The Commercial Club of Chicago
  • The Civic Federation
  • Business Roundtable
  • Catholic Charities
  • Metropolitan Family Services
  • Chicagoland Chamber of Commerce
  • Target Area Development Corporation

The members of the Coalition for real budget reform agree:

  • 1. Illinois is in the midst of a serious fiscal crisis. Our State’s budget is radically imbalanced; its costs significantly exceed revenues. We must have real balanced budgets in Illinois – rather than budgets based on continued borrowing.

  • 2. At the core of the fiscal problem is the State’s retirement benefits system – pensions and retiree health care. They should be reformed. The recently-enacted pension reforms for future State hires are a step in the right direction, but do not go far enough. Other areas of the State’s budget must also be restructured to reduce costs and improve efficiency.

  • 3. We favor more investment in Illinois, more companies moving to Illinois, more jobs for Illinois. We are for better schools, better health care, and a strong safety net for our citizens. But because of our enormous retirement-related obligations, high costs and unbalanced budgets, investment and jobs are leaving the State. The tax base is eroding. The retirement-related costs are crowding out other priorities. To reverse these trends, we have to fix our State’s finances.

  • 4. Raising taxes without reforms and cuts is not the right answer. Major budget reform and cost reductions should be implemented before consideration is given to raising taxes.

If you're interested in joining the coalition, please fill out the form below.