The state budget passed by Springfield and signed into law by Pat Quinn is a tight budget, to say the least. Lawmakers have even admitted there isn't enough revenue in the budget to cover all the day-to-day costs.
roponents of the drastic Chicago pension cuts sought by the city have threatened a range of doomsday scenarios if their proposal is not enacted. Rather than the thoughtful, informed discussion this matter deserves, this is the equivalent of shouting "Fire!" in a crowded theater.
Senate President John Cullerton is getting behind a pension reform compromise bill being hammered out by the General Assembly's special, 10-member conference committee that has been working on a bill since June.
You probably know by now that Gov. Pat Quinn lost his attempt to cancel paychecks for lawmakers. Cook County Circuit Judge Neil Cohen sided with House Speaker Michael Madigan and Senate President John Cullerton in their lawsuit against Quinn.
When Bill Daley bowed out of the governor's race this week, we lost not only an exciting contested Democratic primary. We also lost one of the most potentially colorful candidates in recent election history.
There is one thing I am absolutely, 100 percent sure about when it comes to the pension bill being hammered out by the Illinois General Assembly's conference committee: Whatever it is, both sides will find plenty to hate about it.
Illinois has never seen a candidate for governor like Republican hopeful Bruce Rauner. The Chicago venture capitalist has nearly endless wealth he could put into his campaign. He has no experience in elected office.
Sometimes you need a flowchart to understand all the connections between public figures in Illinois. That certainly could be useful in the case of the suit filed by Senate President John Cullerton and House Speaker Michael Madigan against Gov. Pat Quinn.
In the latest chapter of the Madigan summer blockbuster, House Speaker Michael Madigan revealed to the world that his daughter, Lisa, our attorney general, knew for many moons that her dad had no intention of retiring.
The pension crisis still has no solution, and as each day passes, the Illinois taxpayers are the ones who pay the piper -- literally. It's cost taxpayers $21 billion since 2000, and it's only getting worse.
We covered the background of Illinois' budget- and state economy-crushing pension crisis in our last post, but with the Illinois General Assembly scheduled to adjourn at the end of Friday, things are changing quickly.
Lawmakers need to learn the lessons of the state's pension history. Don't give us another set of quotes, like those above, to dredge up in another eight years. Don't make another bad decision. Pass Senate Bill 1.