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Monday, March 19, 2018
HomePolicyIllinois Moves Another Step Closer to Bankruptcy

Illinois Moves Another Step Closer to Bankruptcy

Senate Minority Leader Bill Brady, R-Bloomington, right, listens to the brief debate on a package of budget bills passed by the Senate on Tuesday, July 4, 2017, at the Capitol in Springfield, Ill. (Photo: AP)
Politicians in Springfield, Illinois decided that taking action meant stepping on the accelerator while driving in the wrong direction.

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Written by
Contributing Economist

Daniel J. Mitchell is a Senior Fellow at the Cato Institute, and a top expert on tax reform and supply-side tax policy. Mitchell’s articles can be found in such publications as the Wall Street Journal, the New York Times, Investor’s Business Daily, and the Washington Times. He is the author of "The Flat Tax: Freedom, Fairness, Jobs, and Growth," and co-author of "Global Tax Revolution: The Rise of Tax Competition and the Battle to Defend It."

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