Monday, June 29, 2009

GOP fortunes rise in state's fiscal crisis - Rockford, IL - Rockford Register Star

 

June 1, when new legislative rules kicked in. Now, it will take a three-fifths vote, rather than a simple majority, to pass a budget. Democrats can no longer do it alone.

Republicans refuse to talk taxes until getting concrete action on pensions and health care

“Before we look at an income-tax increase, we ought to reduce the spending and get rid of waste of bureaucracy. One example is Medicaid; we should go to managed care. That could save a tremendous amount of money. This is a golden opportunity to downsize government and to clean up things.”
Rep. Ron Wait of Belvidere

GOP fortunes rise in state's fiscal crisis - Rockford, IL - Rockford Register Star

House advances pension borrowing plan - Springfield, IL - The State Journal-Register

House voted 101-7 today for Senate Bill 415, which frees up more than $2.2 billion in state money by borrowing against pension payments

state will cut the more than $4 billion payment it was supposed to make next year by about in half through borrowing money, then will pay off that borrowed money over five years. The freed-up cash would then be used to reduce major cuts facing social service providers

House advances pension borrowing plan - Springfield, IL - The State Journal-Register

House removes hold on capital bills, adjourns - Springfield, IL - The State Journal-Register

A long-sought capital construction program is finally headed to the governor's desk, a month after lawmakers approved

House removes hold on capital bills, adjourns - Springfield, IL - The State Journal-Register

Fiat 500 may be built in Belvidere - - BusinessRockford.com

 fiat500.jpgfiat_500_002.jpg

The cars will be badged as Fiats and are expected in showrooms by 2011.

Fiat 500 may be built in Belvidere - - BusinessRockford.com

DeKalb County unemployment tops 10 percent | Daily Chronicle

Mr Kevin wrote on June 25, 2009 7:32 p.m.

"10.6 percent on unemployment, how many more are out of work and their benefits have run out? How many more are working part time just to try and get by? How many are working at a lesser job because it is all they can find? A person who used to make 15 per hour, got laid off and is now making 9 is employed, but I would argue they count. So what percentage are we at? I would put it at 18-20%. We are in trouble because 9 dollar per hour jobs do nothing. We need higher paying jobs

DeKalb County unemployment tops 10 percent | Daily Chronicle

The Belvidere Daily Republican. - Taxpayers group to hold meetings

BCTA will be holding a steering committee meeting Tuesday, June 30 at the IDA Public Library from 9 to 11:30 a.m., and everyone is invited and welcome to attend.

The Belvidere Daily Republican. - Taxpayers group to hold meetings