Greg Hinz
Political Writer and Blogger at Crain's Chicago Business
political writer and blogger for Crain's Chicago Business
Articles
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5 days ago |
chicagobusiness.com | Greg Hinz
To call it a train wreck would be an exaggeration. After all, the Illinois General Assembly was able to approve a $55.2 billion fiscal 2026 budget, even if it included $1 billion in new taxes and a series of one-time revenue sources. But in failing to enact reforms and new funds for critical public transportation and dangling the possibility of even bigger tax hikes on business and consumers to come, state lawmakers earned no better than an incomplete mark for their just-concluded spring session.
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2 weeks ago |
chicagobusiness.com | Greg Hinz
As the Illinois General Assembly races toward adjournment of its spring session, few issues are bigger than how to refund and reform a Chicago-area public transit system in desperate need of both. Lots has been written about the first issue: the need for more money.
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1 month ago |
chicagobusiness.com | Greg Hinz
Not too long ago, an Illinois politician was traveling out of state when they stopped at a store to make a purchase. The shopkeeper, of Indian ancestry, noted the official was from Illinois and asked if they happened to know an acquaintance of his: Raja Krishnamoorthi, a Democratic congressman who represents much of Chicago’s northwestern suburbs. Krishnamoorthi “calls every month” seeking a campaign contribution, the shopkeeper declared. One hears lots of stories like that about Krishnamoorthi.
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1 month ago |
chicagobusiness.com | Greg Hinz
Jump-starting the 2027 Chicago city elections, a business-backed group says it has raised $10 million to back candidates and policies that share its belief that big change is needed at City Hall. In a statement, the Common Ground Collective said 90 donors already have committed the $10 million — an average of more than $100,000 each, and almost certainly a record for an election that still is more than a year and a half away.
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1 month ago |
chicagobusiness.com | Greg Hinz
“This is not just a fiscal cliff,” says Regional Transportation Authority Chair Kirk Dillard. “This is a regional emergency. We need to act.”Dillard is referring to what will happen just a few months from now — unless something changes. That’s when federal COVID relief funds that have kept Chicago area transit operating at more or less normal levels since the pandemic run out, even though transit ridership levels and farebox income still have yet to fully recover.
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Incomplete; that's the grade Illinois lawmakers get after a spring session that failed to pass lots of key stuff, including @CTA reform and refunding, and energy plan needed to protect our economy. Will @GovPritzker step up to the plate? https://t.co/mnAo1aIfXY
.@CTA's Red Line South fiasco proves the need for true transit reform in pending Springfield rescue package. We gotta do better than $1.1B a mile. https://t.co/BVtCCJMYfM
How much is too much? As cost of @CTAs Red Line South extension soars to near $6B -- a billion bucks a mile -- new questions about whether there's a cheaper way to serve the southland without crippling cash-short CTA with big debt. https://t.co/KPDEfN6bMq