The Governor is holding fast to next Tuesday’s deadline for a pension reform bill; the lawmakers are saying there’s no way they can do it.
Eight days after being appointed to try to reach a compromise on pension reform, the House-Senate Conference committee met as a group for the first time today.
Illinois Governor Pat Quinn is taking a hard line when it comes to pension reform and refusing to budge from the deadline he set. The Governor tells CBS 2 Chief Correspondent Jay Levine that the bill better be on his desk July 9 or else.
A meeting between Gov. Pat Quinn and the state’s four legislative leaders ended Friday afternoon without much progress towards pension reform, and it appears next week’s special session won’t bring a solution.
House Speaker Michael Madigan has taken steps to replace Senate President John Cullerton’s pension reform plan with his own plan, even though the speaker’s plan was soundly defeated in the Senate last month.
Illinois House Republican Leader Tom Cross said Wednesday that he believes there’s an ulterior motive behind the ongoing pension reform standoff between House Speaker Michael Madigan and Senate President John Cullerton.
After meeting with Gov. Pat Quinn for more than an hour and a half, House Speaker Michael Madigan and Senate President John Cullerton seemed friendly, but not much closer to resolving their differences over pension reform.
Illinois House Speaker Michael Madigan might not be in touch with Gov. Pat Quinn, but there might be some behind-the-scenes work ahead to resolve the state’s pension reform impasse before a special session of the General Assembly on June 19.
Gov. Pat Quinn has called for a special session of the Illinois General Assembly in two weeks, after the state’s credit rating was downgraded again over lawmakers’ failure to approve comprehensive pension reforms.
Gov. Pat Quinn has called out the state’s top two Democratic legislative leaders over the General Assembly’s inaction on pension reform.
A study by the We Are One Illinois coalition shows that if half of employees and retirees choose to forgo post-career health insurance as part of Senate President John Cullerton’s proposal, the state’s debt to two health insurance programs would be cut in half, by $26 billion.
The Democrat-controlled Legislature began piecing together a new state budget Tuesday that avoids the steep cuts of recent years and also gave final approval to a historic expansion of Medicaid, as Republicans accused their colleagues across the aisle of having “an insatiable appetite to spend money we don’t have.”
Public school administrators told lawmakers Thursday that some local districts would have to raise property taxes if legislators vote to have them cover the cost of teacher pensions.
The Illinois Senate voted Thursday to send a union-supported pension reform bill to the House, leaving lawmakers with two competing proposals for dealing with the nation’s worst state pension problem just weeks before the Legislature is scheduled to adjourn.
The Illinois Senate voted Thursday to send a union-supported pension reform bill to the House, leaving lawmakers with two competing proposals for dealing with the nation’s worst state pension crisis just weeks before the Legislature is scheduled to adjourn.
The Illinois House has approved a comprehensive pension-reform plan for the first time after years of talks.
Labor leaders threatened a lawsuit Wednesday over House Speaker Michael Madigan’s pension-reform proposal to lower the retirement benefits of public employees in Illinois, but a committee advanced the plan anyway.
A conservative watch dog group is warning of dark days ahead for the entire state unless Illinois mends it’s financial ways, and soon
Illinois House Speaker Michael Madigan sought Tuesday to tackle the pension crisis through a single piece of legislation that would require government employees and teachers to contribute more toward their retirement but receive fewer benefits in return.
Illinois lawmakers from both parties celebrated a possible breakthrough Thursday in their struggle to solve the multibillion-dollar pension crisis after voting to reduce and delay cost-of-living increases in state employees’ retirement pay — a step the House Republican leader heralded as “the meat and potatoes of pension reform.”