Statewide Update—Jan. 14, 2011

  • (AP) State Journal-Register—Quinn signs tax increase, Dems point to spending caps, “Illinois taxpayers will have to fork over a lot more money now that Gov. Pat Quinn has signed a major tax increase, but Democratic leaders want them to take comfort in knowing that new spending limits will ensure their dollars are handled carefully.”
  • Chicago Sun-Times—Opinion: How tax increases will affect state, “Elections have consequences. You Illinois taxpayers who are outraged over the reduced paychecks you’ll soon see should remember that more than half of you voted for Gov. Quinn, and he campaigned to raise your taxes.”
  • Southtown Star—Lawmakers plan to revive gambling legislation in 2011, “Southland lawmakers vowed Thursday to revive a plan that would drastically expand gambling in Illinois, just days after outgoing lawmakers allowed the proposal to stall during the closing hours of the previous General Assembly.”
  • Peoria Journal Star—Opinion: Luciano: Taxman, peek at pensions, “Rather than just jamming people with a brutal income tax, our lawmakers could’ve taken a hard look at one of the state’s most glaring trouble spots: Pensions.”
  • Daily Herald—Aurora laborers union agrees to 7 furlough days, “Members of the American Federation of State, County and Municipal Employees Local 1514 reached an agreement this week with Aurora to take the equivalent of seven unpaid furlough days in 2011 to save the city money.”
  • Daily Herald—District 300 may need $19 million loan, “Late payments from the state and looming expenses will likely force Community Unit District 300 to take out a $19 million loan in the next few months to cover general operating costs, including payroll.”

1 Comment

Filed under Statewide Update

One response to “Statewide Update—Jan. 14, 2011

  1. Midnightlady8

    Police and Firemen get one of the best pensions in the state, other than legislators. Often, they work other jobs allowing them to draw another pension.
    They can retire earlier then most occupations, which also gives them time to work at another career and make yet another pension. A lieutenant can be promoted to captain and retire a week later and get the upgraded pension. Unlike other state pension boards, the police board as “exclusive” power on decision making, thus withholding pensions to those who deserve them and giving them to those who do not.

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