Tag Archives: Bruce Rauner

Pot, Meet Kettle

Speaker Mike Madigan held a press conference yesterday and addressed Governor Rauner’s latest ad blitz in support of his “Turnaround Agenda”, the point of which was to label the ads as “extreme”. Illinois Review has a good summary of the … Continue reading

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(217) 782-5350 – Ask for Mike

We’re getting closer to the end of the fiscal year, and there’s a real chance of a government shutdown if there’s no budget. Governor Rauner appears by all accounts to be willing to stare down the Democrat leadership in the … Continue reading

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There Are No Clean Hands in the Pension Debate

In its May 8th decision, the Supreme Court couldn’t have been plainer as to the priority of pension obligations in the state budget, and placed the greatest portion of the blame for the condition of the pension funds squarely where … Continue reading

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A Tax Freeze With No Relief

The Illinois House will hold hearings today on a Democrat-sponsored bill to freeze real estate taxes. The bill, (HB 690) is sponsored by Jack Franks (D, Marengo). Without getting too much into the weeds of the bill, the thing to … Continue reading

Posted in Property Taxes | Tagged , , , | 2 Comments

What Happens If Our Pension Plans Go Broke?

We’re now seeing the real face of Illinois’ pension crisis by the cuts being proposed by Governor Rauner in his 2016 budget. In Fiscal 2016, Illinois will owe $6.8 billion to its 5 pension plans, which will account for roughly … Continue reading

Posted in Public Pensions | Tagged , , , | 6 Comments