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Illinois Legislative Watch

187 Results / Page 20 of 21

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Business & Lifestyle

Governor Rauner replaces chief aide with libertarian group Illinois Policy Institute’s CEO

SPRINGFIELD (Heartland Newsfeed) – Gov. Bruce Rauner is replacing his chief of staff with the head of the libertarian-leaning Illinois Policy Institute. Rauner announced Richard Goldberg is stepping down effective Monday. The new chief of staff will be Kristina Rasmussen, who served as president and chief operating officer of the Illinois Policy Institute. Rauner has previously donated to the group and hired other staff from the organization, which runs a legal center and a news service. Rauner cites Rasmussen's work […]

todayJuly 10, 2017 20

Business & Lifestyle

After powder scare, Illinois overrides governor for first budget in 3 years

Doug G. Ware United Press International SPRINGFIELD, Ill. (UPI) -- The Illinois legislature on Thursday voted to override the governor and usher in a tax hike and balance the budget -- something the state hasn't been able to do in more than three years. A bipartisan Illinois House voted 72-41 to supersede Gov. Bruce Rauner, who had vetoed the measures -- fearing they would only lead to more tax increases in the near future. Thursday's vote marked the first time since 2014 that […]

todayJuly 6, 2017 1

Business & Lifestyle

Illinoisans are still waiting for their independence

More than 240 years ago, a group of individuals decided to stand up against a far-off king who taxed them without recourse. Americans honor their efforts each year on Independence Day. But the Illinois General Assembly has a funny way of celebrating. On July 2, the Illinois House passed a budget that includes the largest permanent income tax hike in state history and no structural spending reforms. The Senate concurred July 4, sending the budget plan to the governor’s desk. […]

todayJuly 4, 2017 12

Business & Lifestyle

Illinois remains on brink of becoming first state rated junk, but does pass a budget

SPRINGFIELD (Heartland Newsfeed/MarketWatch.com) -- Illinois, which currently has the lowest-rated bond rating of any U.S. state, took another step Tuesday to ward off a deepening budget crisis and an imminent risk of becoming the first state ever branded with a junk bond rating. The state entered an unprecedented third straight fiscal year without a budget on Saturday and the process has been crippled by the partisan impasse between Republican governor Bruce Rauner and Democrats who control the legislature. However, the Illinois […]

todayJuly 4, 2017 6

Business & Lifestyle

McSweeney files bill to repeal Illinois House’s permanent income tax hike

SPRINGFIELD (Heartland Newsfeed via Illinois Policy) -- One day after his chamber passed a 32% income tax hike on Illinoisans, state Rep. David McSweeney (R-Barrington Hills) filed a bill that would repeal that tax hike should it become law. The House passed Senate Bill 9 Sunday with fifteen Republicans voting in favor, which increases the personal income tax rate to 4.95% from 3.75% and hikes the corporate income tax to 7% from 5.25%, both considered an increase of 32%. McSweeney’s […]

todayJuly 4, 2017 2

Business & Lifestyle

Phelps, Reis vote to hike taxes, Severin votes no

SPRINGFIELD (Heartland Newsfeed) -- In a move that Republican leaders say cut off negotiations, the House passed a bill Sunday that nets $5.4 billion in revenue by raising income and corporate taxes and creates several new taxes on services. Rep. Brandon Phelps (D-Harrisburg) voted for the 33 percent tax hike and despite the Republican leaders’ opposition, fifteen House GOP members also voted to approve the measure, including Rep. David Reis (R-Olney) and Rep. Sara Wojcicki Jimenez (R-Leland Grove). Rep. Dave Severin […]

todayJuly 4, 2017 13

Business & Lifestyle

Illinois state Rep. Chad Hays won’t seek re-election in 2018

SPRINGFIELD (Heartland Newsfeed via Illinois Policy) -- State Rep. Chad Hays (R-Catlin) announced Monday that he will not seek re-election to his seat in 2018. He was first elected to Illinois House of Representatives in 2010 and has served in the House as assistant minority leader since 2013. The announcement comes just one day after Hays joined 14 other Illinois House Republicans in voting for a permanent income tax increase. The tax increase, which would impose $5.4 billion in higher […]

todayJuly 3, 2017 6

Decision 2017

Voters ‘look for more answers’ as political landscape erupts into uncivil rhetoric

ELGIN (Heartland Newsfeed) -- As we enter this Independence Day weekend, while Americans will be flying the flag and celebrating freedom, concepts have become more important as the political landscape erupts into uncivil, angry rhetoric, according to political activists. "I see there's a lot more interest in what is happening in our government and I think it's because of the constant coverage the media gives to the process and how crazy the political process has gotten," said Lex Green, chairman […]

todayJune 30, 2017 10

Business & Lifestyle

College tuition has little link to state funding, analyst determines

College tuition tends to rise regardless of how much money the state puts toward education, a new study reveals. Tuition goes up no matter what state legislators do," analyst Preston Cooper wrote after studying tuition trends for the American Enterprise Institute. "Public colleges, with state boundaries insulating them from competition, and generous federal student aid programs at their disposal, charge as much as they can get away with. Changes in state funding are largely irrelevant." In Illinois, schools needs more […]

todayJune 29, 2017 2

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