Why are Illinois Democrats preparing to bail out bankers and cash-strapped local governments?

By Michael Lucci
Bailout bills moving in the Illinois General Assembly would attempt to turn Illinois’ massive debt problems into guaranteed profits for banks and bondholders and a lower standard of living for other Illinoisans.

TAGS: banks, bonds, budget, CTA: Chicago Transit Authority, general obligation bonds, grand bargain, John Cullerton, LGDF: Local Government Distributive Fund, property taxes, RTA: Regional Transportation Authority

Illinois lawmaker files legislation allowing delay of legislator pay after court ruling says politicians must be paid

By Joe Kaiser
State Sen. Dan McConchie, R-Hawthorne Woods, filed legislation March 23 that would give the Illinois Comptroller’s office discretion to delay payments to lawmakers if insufficient funding exists to do so. This came just hours after a Cook County judge said lawmakers must be paid.

TAGS: budget, Chris Welch, Dan McConchie, Illinois Comptroller, John Cullerton, Kate Cloonen, lawmaker pay, Lisa Hernandez, Mary Flowers, Mike Madigan, Pat Quinn, Silvana Tabares, Susana Mendoza