SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Turning a corner?

Friday, Apr 11, 2014

* We still have a long way to go, and if the pension reform law is struck down all heck is gonna break loose. But good news shouldn’t be ignored. Paul Merrion at Crain’s

On its latest sale of $250 million in long-term debt, the state got much better interest rates than just a few months ago on a similar package sized at $1 billion.

Bank of America/Merrill Lynch had the winning bid [yesterday] with an overall interest rate of 4.08 percent on the general obligation bonds, compared with 4.46 percent interest a small group of investment firms agreed to pay on a $1 billion bond deal in February.

Since then, the state’s worst-in-the nation credit rating hasn’t changed, but Gov. Pat Quinn issued a five-year budget plan and called for a continuation of temporary income tax hikes that were supposed to start phasing out next year, which the credit rating agencies embraced. […]

The difference between the current rate for AAA-rated borrowers and the state’s interest rate this week was about one quarter of a percentage point less than it was in February for bonds maturing in 2029. That works out to an 18 percent reduction in the yield penalty to Illinois.

* Meanwhile, Standard & Poor’s took a look at both the governor’s “recommended” budget and his “not-recommended” budget. The ratings agency obviously doesn’t care for the not-recommended budget, which doesn’t include a full year’s worth of revenue from the tax hike

The state achieves budget balance in the not-recommended budget with $2 billion of proposed spending reductions. Total expenditures under that scenario are $29.4 billion, or 6.5% below fiscal 2014 spending levels; total and expenditures and transfers would be $34.6 billion, or 5.6% below 2014 levels. Spending reductions would be across the board in broad program areas excluding debt service, pensions, and most of the Medicaid program. Pension costs in the budget do not include the impact of recently enacted pension reform; the costs are budgeted at $6.2 billion, or 4.3% above fiscal 2014. Education funding under this scenario would decline about $1 billion and other general program areas also decline significantly.

We believe that the not-recommended budget could weaken structural alignment for Illinois.

That last line could be bigtime political ammo for Gov. Pat Quinn against those, like Bruce Rauner, who want to allow the tax hike to expire.

* S&P isn’t overly thrilled with the recommended budget, but they do appear to prefer it

The recommended budget could contribute to enhanced structural alignment due to less severe spending reductions needed to achieve balance, but it still relies on nonrecurring resources, such as the interfund loan, as well as continued progress on Medicaid reform and other cost containment measures.

* And while expressing some constitutional and other reservations about the recent pension reform law, S&P wrote “we believe it would provide significant budget relief and substantially improve funded ratios over time.”

* There was also this historical perspective

On many levels, Illinois’ credit quality is a study in contrasts. In our opinion, despite a long history of structural budget imbalance and weak pension funding levels, the protections for general obligation (GO) bonds are strong. Even during the Great Recession’s depths, when liquidity was extremely strained, the state’s commitment to bondholders was steadfast, in our view, and remained a policy focus. The recent pension reform further highlights this, with specific statutory provisions that subordinate pension payments to debt service. We believe the provisions relating to GO debt are longstanding and strong in supporting the priority of payment for debt service.

Illinois does not have to deal with constitutional or statutory revenue limitations, has what we consider to be a broad and diverse economy with above-average wealth levels, and has flexibility to adjust spending levels. However, despite these strengths, structural imbalance has been a regular feature of its budget position for many years.

* But

Although the state has implemented improvements in budget and financial management practices, they have not been robust enough to offset the sluggish economy and the accumulated structural budget deficit. Illinois’ budgetary performance, rising unfunded pension liability, and legislative inaction on many fronts contributed to a pattern of credit deterioration since 2008; as a result, we have lowered our rating four times. This is at odds with the state sector’s credit performance as a whole. Only time will tell which path credit quality moves. As such, our developing outlook best reflects the state of Illinois’ credit quality, in that it might improve — or get worse — in the next two years.

* Related…

* Cullerton: ‘I confess: I like Illinois’

- Posted by Rich Miller        


25 Comments
  1. - Cassandra - Friday, Apr 11, 14 @ 10:13 am:

    Rauner needs to get going on his budget/financial recommendations or Quinn is going to take the issue away. That means he has to be somewhat more specific, always risky, but right now what this ordinary voter is hearing is don’t make the increase permanent, move to defined contribution pensions, improve the economy (how?), and throw the bums out. The latter is appealing and I’m always in favor of reducing my awful tax burden, but I need more info here before I decide whether to vote for Rauner or Green/Libertarian. Never Quinn.


  2. - Formerly Known As... - Friday, Apr 11, 14 @ 10:14 am:

    === 18 percent reduction in the yield penalty to Illinois ===

    How does our yield penalty now stand in comparison to other states?


  3. - Grandson of Man - Friday, Apr 11, 14 @ 10:14 am:

    “if the pension reform law is struck down all heck is gonna break loose.”

    If the law is struck down, and politicians try to go for union members’ throats for something harsher, there would be real problems and unrest.

    If the law is struck down, it might be time to consider some policies that unions endorse or would find favorable, such as financial transaction taxes, debt reamortization, progressive income taxation, etc.

    “structural imbalance has been a regular feature of its budget position for many years”

    This is why some of us have been arguing for more tax revenue.

    “above-average wealth levels”

    This is why it makes sense to have more tax revenue. We are among the higher income states, yet we are among the lower income tax states. We can balance this out a bit by either keeping the income tax at 5% or doing the progressive tax.

    Also, weakening unions will lower our income and make us look more like the many other states who have done so and have lower per capita incomes than we do.


  4. - Been There - Friday, Apr 11, 14 @ 10:17 am:

    ===against those, like Bruce Rauner, who want to allow the tax hike to expire.====
    The one thing I find ironic about many of those who are against keeping the tax increase permanent, especially those in the GOP, is that the tax sticks it to everyone pretty much across the board. Getting rid of it gives the graduated tax push or the millionaire tax a better chance of passing, at least some day in the future. And the millionaires and many of those in the wealthy GOP districts will be shouldering a bigger increase. While those in the poor neighborhoods, that tend to be Dem districts, go back to the lower rates.


  5. - cicero - Friday, Apr 11, 14 @ 10:22 am:

    == * S&P isn’t overly thrilled with the recommended budget, but they do appear to prefer it…==

    Republican leaders loved to quote the bond houses when it came to pensions and to insist we follow their prescriptions to avoid more credit downgrades. Now that it comes to taxing and spending, I predict our friends on the right will be much less concerned about pleasing the bond houses. Go figure.


  6. - PublicServant - Friday, Apr 11, 14 @ 10:23 am:

    ===Illinois…has what we consider to be a broad and diverse economy with above-average wealth levels, and has flexibility to adjust spending levels. However, despite these strengths, structural imbalance has been a regular feature of its budget position for many years.===

    Read that as “Illinois has wealth and a diverse economy that Indiana and Wisconsin could only dream of, but as a result of a crop of politicians who won’t do the heavy lifting, and are always looking for the easy way out, a structural imbalance has been a regular feature of its budget position for many years, decades even.


  7. - RNUG - Friday, Apr 11, 14 @ 10:23 am:

    “if the pension reform law is struck down all heck is gonna break loose.”

    That line should probably read “WHEN the pension reform law is struck down all heck is gonna break loose.”


  8. - PublicServant - Friday, Apr 11, 14 @ 10:35 am:

    RNUG, I agree, but the issue becomes, what will they do then? I’ll hold my nose and vote Quinn, because he’s at least been making the payments, and now that the bond houses are on to the pension golden goose, they’ll be hard-pressed not to fund it going forward.


  9. - Mason born - Friday, Apr 11, 14 @ 10:37 am:

    “As such, our developing outlook best reflects the state of Illinois’ credit quality, in that it might improve — or get worse — in the next two years.”

    Gotta love that line. In other words “Who the Bleep knows.”


  10. - Walker - Friday, Apr 11, 14 @ 10:49 am:

    Both ratings houses prefer maintaining the current tax rates, though one acknowledges that even that won’t produce enough on a long term basis, without other changes.

    At least they take a long term view, and they use actual arithmetic in their analysis.


  11. - Arizona Bob - Friday, Apr 11, 14 @ 10:52 am:

    @Grandson
    =We are among the higher income states, yet we are among the lower income tax states. We can balance this out a bit by either keeping the income tax at 5% or doing the progressive tax.=

    It’s already been “balanced out” by property, sales and other taxes, grandson. According to the Tax Foundation, the total tax burden on Illinoisans was the 13th highest in the nation for the last reporting year (2011) at 10.2% of income.

    Please note that that was BEFORE the 67% income tax increase that the Dems passed in the dead of night in a lame duck session.

    If we add the 2% of income tax increase to the 10.2%, for a total of 12.2% of income, and I know that’s not exactly equivalent, we would have ranked 3rd in the worst tax burden sweepstakes, just behind NY (12.6%) and NJ (12.3%).

    Anyway you choose to slice it, ranking somewhere between the 13th and 3rd worst tax burden environment, the people don’t deserve an extension of this tax for bad, corrupt decisions made by our GA and govs so they can keep trying to sustain an unsustainable system a little longer. The “Illinois is a low tax state” argument is a false one, and needs to be disputed as one of those “big lies” that the money grubbing pols and public trough parasites keep perpetrating to stay in power.

    They need REAL spending and policy reform in Springfield, and extending the tax increase will just enable them to avoid it for while longer.


  12. - wordslinger - Friday, Apr 11, 14 @ 11:12 am:

    Cullerton’s piece in the Sun-Times is a good review. It’s not all gloom-and-doom, everywhere.

    What’s stung is actually trying to address problems in the aftermath of a recession.


  13. - Demoralized - Friday, Apr 11, 14 @ 11:18 am:

    @Arizona Bob:

    What would you suggest be done if the tax increase is not made permanent? I’ve found that cheerleaders of letting it expire, such as yourself, generally have little to offer in terms of real solutions to the budget mess that will be left in it’s wake. What specific “reforms” would you make? What cuts would you make? We’re talking billions of dollars here.

    And just because you say the low tax argument is a “false one” doesn’t make you right. I can provide stats that would say different. You can manipulate data in any way you want so that it supports your opinion. Who’s right? It depends on your perspective.


  14. - wordslinger - Friday, Apr 11, 14 @ 11:18 am:

    –Rauner needs to get going on his budget/financial recommendations or Quinn is going to take the issue away.–

    I’m sure Quinn would rather the issue just “went away,” lol.

    Rauner doesn’t have to do anything except say “cut waste, end corruption, run it like a business.”

    That’s the great advantage of campaigning while you don’t have to govern. Always has been.


  15. - Arizona Bob - Friday, Apr 11, 14 @ 11:40 am:

    =What’s stung is actually trying to address problems in the aftermath of a recession.=

    Especially when recovery from that recession was among the weakest in the nation due to the poor spending and tax policy decisions of Quinn, Madigan and Cullerton!


  16. - wordslinger - Friday, Apr 11, 14 @ 11:43 am:

    AB, you’re such a victim.

    Cutting spending, raising revenues and paying the full pension boat stung. Inevitable after decades of kicking the can down the road.


  17. - Grandson of Man - Friday, Apr 11, 14 @ 11:47 am:

    “public trough parasites”

    This is why you get flak from public workers who put in decades of honest work and get more or less reasonable salaries and pensions. This is hatespeak, and if you have unrest, you deserve it.

    Plus, let us look at some other “public trough parasites,” since you want to go down that path.

    Rauner says special interests like union leaders and their workers’ pensions did major fiscal damage. Now he’s trying to spin his way out of it by not directly attacking union leaders and unions. Who managed those funds? GTCR, Rauner’s company. He is complicit in that, if he argues it.

    Though he is not running GTCR, I read that the company manages almost $5 billion in public pension funds.

    THI, Rauner’s nursing home company that is trying to go through bankruptcy: How much public money was wasted and misspent by so few people in that failed enterprise? Medicare and Medicaid in the millions. Why are you not calling THI a parasite?

    Billions of public dollars are unaccounted for in military spending, in auditing errors and incomplete projects, among other things. Military spending is supported by conservatives. That’s billions of dollars that are missing and misspent.

    The Iraq War is estimated to cost $800 billion, not counting the long-term costs of the war, which could go into the trillions. Conservatives supported the war and pushed for it.

    Public parasites, indeed. Take the plank out of your own eye before you try to demean others.


  18. - Formerly Known As... - Friday, Apr 11, 14 @ 11:52 am:

    == This is why it makes sense to have more tax revenue. ==

    The U.S. Census Bureau released their 2013 State Tax Collection data this week. It shows that Illinois collected $38,715,320,000 in taxes last year. That consists of property taxes, sales and gross receipts taxes, license taxes, income taxes and other taxes.

    That is $4 billion more than Florida, which is more populous than us, and $5 billion more than Pennsylvania, which holds almost exactly the same population. That also does not take into account federal funding and additional revenues.

    According to COGFA, our final 2013 General Funds budget was $30,241,000,000.

    On the surface, everything looks good. In reality, we may need to begin examining our budgeting and accounting process, as NPR suggested earlier this week. At the very least, we should take a look at the way we categorize mandatory spending requirements and certain expenses in our accounting.


  19. - Arizona Bob - Friday, Apr 11, 14 @ 11:59 am:

    @wordslinger
    =That’s the great advantage of campaigning while you don’t have to govern. Always has been.=

    Absolutely right, word. It’s bad campaign strategy to get too detailed in programs as a challenger. You keep principles and plans general to create a “feeling” amongst voters.

    If a challenger comes up with a detailed, specific program to deal with the state or local issues, the conversation changes from the incumbent’s inability to deal with the problems to potential flaws in the challenger’s plans.

    When I ran for a schoolboard some time ago, I came up with a very specific plan to reduce wasteful non-instructional spending, improve curricullum development and reduce patronage non-instructional staff expense, as well as improving instructional quality.

    I showed how other districts had accomplished these goals, and how we could also do this to benefit our kids.

    I also showed how we could eliminate charging families student fees and how we could stop raising taxes above tax cap limits by selling working cash bonds.

    Once I made this plan and had it published in the local papers, the conversation changed from why the board raised a principle’s salary from $104K to $180K just to fatten his pension, and why we were underperforming our peer districts from ineffective educational quality improvement by our highly priced curriculum director. the conversation became about “he wants to fire your favorite teacher” and “he doesn’t care about the children” and “he doesn’t want safe schools” in the yenta network that win school bard elections.

    Their general branding resonated a heck of a lot better with voters than my specific plans to improve the quality of education and reduce the fee and tax burdens on families.

    Rauner’s smart to keep his plans general and non-specific. He won’t lose many votes for those seriously considering voting for him that way, and he’ll frustrate the heck out of those who want the conversation to change from Quinn’s dishonesty and incompetence to ANY Rauner plan they can criticize.

    What Rauner’s doing is smart. VERY smart, and it’s a winning strategy.


  20. - Arizona Bob - Friday, Apr 11, 14 @ 12:04 pm:

    @grandson
    I never said that all public employees are “public trough parasites”, and that government contractors feeding that trough are any better.

    All the “parasites” want higher taxes on the rest of us, which is their main point of contention.

    I guess if you think that you’re part of those “parasites” and take that personally,I can only say, “if the shoe fits…”


  21. - 47th Ward - Friday, Apr 11, 14 @ 12:35 pm:

    Illinois: “I confess: I like Cullerton.”


  22. - Grandson of Man - Friday, Apr 11, 14 @ 12:39 pm:

    Arizona Bob,
    You refer to people as worthless when you call them parasites. It’s a word you’ve used more than once, and it’s standard right wing propaganda to describe public employees and poor people who are helped by tax dollars. When times are tough, these are among the folks who have to bear the cuts.

    Public workers and poor people have the right and moral authority to ask wealthy people who are doing quite well to help out a little more. We’re talking about organizations and people who have to deal with society’s major problems: orphans, criminals, the severely disabled, etc.

    The other day you tried to insult a few hundred ministers who rallied for the Fair Tax when you said they swindle their parishioners. You don’t even know these people personally but you cast them all as villains. You paint with a very broad brush.


  23. - Demoralized - Friday, Apr 11, 14 @ 1:01 pm:

    ==Especially when recovery from that recession was among the weakest in the nation due to the poor spending and tax policy decisions of Quinn, Madigan and Cullerton!==

    Yeah, it was all their fault. Never mind the problem has been around for decades and has been caused by the culmination of policies by BOTH Republicans and Democrats. Unfortunately partisan hacks such as yourself cannot be honest in any of the debate about the state’s finances. It doesn’t fit your talking points.


  24. - wordslinger - Friday, Apr 11, 14 @ 2:11 pm:

    –In our opinion, despite a long history of structural budget imbalance and weak pension funding levels, the protections for general obligation (GO) bonds are strong. Even during the Great Recession’s depths, when liquidity was extremely strained, the state’s commitment to bondholders was steadfast, in our view, and remained a policy focus.–

    Thanks for nothing, S&P!

    You whacked our rating time and again in the aftermath of the recession, costing us real money in the market.

    Before then, when the state was shorting pensions, and increasing spending without new revenues, everything was hunky-dory.

    When we cut spending, increased revenue, paid the full freight on pensions, like you asked — we got whacked, over and over.

    That was not nice, considering you were instrumental in causing The Great Recession with your subprime mbs scam.

    After that caused a global meltdown, you got religion.

    Oh, nothing like the zealotry of the recently converted sinner….. especially when the federales are on them.


  25. - Grandson of Man - Friday, Apr 11, 14 @ 2:24 pm:

    We have a very interesting time approaching, in regards to the state income tax. Quinn and Madigan want to keep the tax at 5%. The Fair Tax made its way to the Senate floor and has a lot of sponsors in both houses. I’m hoping that the amendment will clear the Senate floor so we can have a more robust debate.

    I wonder how many legislators will be convinced to support the Fair Tax amendment as a substitute to the “permanent” 5% income tax? If the flat tax increase extension is passed, then the Fair Tax is more attractive because lots of people will get a tax break.


Sorry, comments for this post are now closed.


* Oberweis now for gay marriage
* The patented Pat Quinn close has begun
* Question of the day
* McKinney resigns from Sun-Times: "I’m convinced this newspaper no longer has the backs of reporters like me"
* Another one pops
* Reality vs. reporting
* New anti-Rauner theme: "Wolf of Winnetka"
* Redefining Bobby
* Pat and Bruce
* The lindane file
* US judge orders hiring monitor at IDOT
* Underdog endorsements
* Birth control, millionaires and the minimum wage
* Good morning!
* Yesterday's blog posts

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............


Search This Blog...

Search the 98th General Assembly By Bill Number
(example: HB0001)

Search the 98th General Assembly By Keyword

          
        * Micro Battles lets you play games with your friends on one device
        * Sony SmartWatch 3 now ready for pre-order
        * Android Wear updated with GPS support, music playback
        * The Week in iPhone Cases: Belt, pouch, or bumper?
        * 5 ways Facebook’s Rooms stands apart from the anonymous app pack
        * iTunes 12 introduces new look, less intuitive interface
        * Amazon Fire Phone not on fire, revenue takes a hit

        * Apple Pay Review: The Re/code Bi-Coastal Team Test
        * Filmbo iPhone Camera Mounts Tracks Your Position For Selfie Videos
        * The Money Questions to Ask When Your First Baby is on the Way
        * The BrydgeAir iPad Keyboard Case Unveiled For Latest iPad Air 2 (video)
        * The HuddleLamp Turns Multiple Mobile Devices Into A Single Desktop
        * British Army’s Smart Tanks Could Be Driven By Gamers In The Future
        * World Of Warcraft’s Lead Designer Believes The Game Will Survive Another 10 Years

        * Alexei Ramirez and Adam Eaton Gold Glove finalists, but maybe not f...
        * Longtime scout Provas passes away after battle with cancer
        * Eaton, Ramirez named AL Gold Glove finalists
        * Gold Glove Awards finalists revealed
        * White Sox AFL class features talented Anderson
        * Nori Aoki: The White Sox Killer of 2014
        * World Series Game 2: Notes and discussion


        Main Menu
        Home
        Illinois
        YouTube
        Pundit rankings
        Obama
        Subscriber Content
        Durbin
        Burris
        Blagojevich Trial
        Advertising
        Updated Posts
        Polls

        Archives
        October 2014
        September 2014
        August 2014
        July 2014
        June 2014
        May 2014
        April 2014
        March 2014
        February 2014
        January 2014
        December 2013
        November 2013
        October 2013
        September 2013
        August 2013
        July 2013
        June 2013
        May 2013
        April 2013
        March 2013
        February 2013
        January 2013
        December 2012
        November 2012
        October 2012
        September 2012
        August 2012
        July 2012
        June 2012
        May 2012
        April 2012
        March 2012
        February 2012
        January 2012
        December 2011
        November 2011
        October 2011
        September 2011
        August 2011
        July 2011
        June 2011
        May 2011
        April 2011
        March 2011
        February 2011
        January 2011
        December 2010
        November 2010
        October 2010
        September 2010
        August 2010
        July 2010
        June 2010
        May 2010
        April 2010
        March 2010
        February 2010
        January 2010
        December 2009
        November 2009
        October 2009
        September 2009
        August 2009
        July 2009
        June 2009
        May 2009
        April 2009
        March 2009
        February 2009
        January 2009
        December 2008
        November 2008
        October 2008
        September 2008
        August 2008
        July 2008
        June 2008
        May 2008
        April 2008
        March 2008
        February 2008
        January 2008
        December 2007
        November 2007
        October 2007
        September 2007
        August 2007
        July 2007
        June 2007
        May 2007
        April 2007
        March 2007
        February 2007
        January 2007
        December 2006
        November 2006
        October 2006
        September 2006
        August 2006
        July 2006
        June 2006
        May 2006
        April 2006
        March 2006
        February 2006
        January 2006
        December 2005
        April 2005
        March 2005
        February 2005
        January 2005
        December 2004
        November 2004
        October 2004

        Blog*Spot Archives
        November 2005
        October 2005
        September 2005
        August 2005
        July 2005
        June 2005
        May 2005

        Syndication

        RSS Feed 2.0
        Comments RSS 2.0
        WordPress

        Loading


        * Quinn says he'll comply with hiring monitor..
        * Rauner rips Quinn on IDOT patronage oversight..
        * Few legal options for ex-Sun-Times reporter..
        * Beardstown pool project gets $2.5 million grant..
        * Officials rethink vote-counting after AG decree..


        * Man, 2-year-old boy killed by truck in Bloomington
        * Off-duty Chicago police officer shot and wounded
        * Illinois employees rescue woman from house fire
        * Gary killings put spotlight on abandoned buildings
        * Officials rethink vote-counting after AG decree
        * Quinn says he'll comply with hiring monitor
        * Complications arise just 12 days before Ill. vote
        * Vereen brothers square off when Bears visit Pats
        * Illinois GOP files lawsuit over poll practices
        * New bridge helping ease Chicago rail congestion

        * Officials rethink early vote-counting after Madigan ruling
        * Minimum wage increase supporters urge early voting
        * Sun-Times political reporter resigns following Rauner complaint
        * Minimum wage hike supporters urge early voting
        * Federal judge orders court-appointed monitor for IDOT hiring
        * Rep. Raymond Poe to undergo stem cell transplant
        * Bill Clinton campaigns for Quinn, Durbin
        * Quinn, Rauner spar over jobs, taxes
        * Election 2014: Learn about all the candidates
        * What to watch for in third governor debate tonight

        * Few legal options for ex-Sun-Times reporter
        * Fast-growing Internet lender Enova going public next month
        * Quinn says he'll comply with hiring monitor
        * Sun-Times' colorful past in covering (and making) news
        * Chicago KPMG executive named Girl Scouts board president


        * Illinois needs better way to deal with terminally ill inmates
        * At panel on school closings, board acknowledges more planning needed
        * Marina City residents reminded to watch their step during Wallenda’s walk
        * Republican senators question Quinn’s IDOT scandal response
        * Child who became ill on plane tests negative for Ebola
        * Tollway might permanently lower cost to open I-Pass account
        * Killer gets 27 years for throwing woman out 3rd-floor window
        * CPS wants to delay new standardized test, even though state already has said 'no'
        * Father Bob Botthof, teacher who became priest after losing wife, dies at 85
        * Scandal or not, Bring on that  federal monitor


        * Off-duty Chicago cop 'alert and talking' after shot during robbery attempt
        * Police wound gunman involved in fatal robbery in Auburn Gresham
        * 400 lawsuits seek $11 million from tollway scofflaws
        * Police in Ferguson committed human rights abuses: Amnesty International
        * Ebola test negative for child who fell ill on flight from Liberia to O'Hare
        * Victim of serial killing suspect lived in fear: 'Too scared to do anything'
        * 1 stabbed, 3 teens shot in separate incidents
        * Cops: Girl, 12, with bipolar disorder missing


        * Bedrock 66: Charlie Parr Plays Springfield Friday
        * Oberweis Would Back Federal Same Sex Marriage Law
        * Wild Bison Return To IL
        * Scary Story: The Diviner by Susan Vondrak
        * Artist Profile: Local Troubadour Tom Irwin
        * Real estate and religion: The tale of Seventeenth Church of Christ, Scientist
        * Suspicion lingers over Ebola treatment
        * Judge Orders Court Appointed Monitor For IDOT Hiring
        * 13th Dist. Candidates Talk NAFTA, Ebola During Springfield Debate
        * Attorneys Due In Court For Quinn Hiring Lawsuit


        * Our Opinion: Bell, Manar, Davidsmeyer endorsed in state legislative races
        * Craig Burns: Honesty, integrity in great supply at CWLP
        * E.J. Dionne: Ebola, pandering and courage
        * Esther Cepeda: Benefits of closing the word gap
        * Officials rethink early vote-counting after Madigan ruling
        * Our Opinion: Frerichs has the expertise to be Illinois treasurer
        * Robert Kaestner: Good education policy is good health policy
        * Eugene Robinson: Warren makes the case for a presidential run
        * Bernard Schoenburg: Local Rauner ad leaves out ‘everything Springfield isn’t’ line
        * Minimum wage increase supporters urge early voting


        * School funding overhaul shelved for now
        * An officer and a trailblazer
        * Area history, Oct. 24, 2014
        * Google's 'Security Princess' a hacker's nightmare
        * This day in history: Oct. 24, 2014
        * Reeder wrong about early voting
        * Centennial teacher stays flexible, innovative
        * Firsthand account of old, tired school
        * College honors NASA researcher and UI grad Greenleaf
        * UI, Beckman need to stick together


        * Nominees for Grammy Awards to be announced Dec. 5
        * Victims rights, voting rights among proposed amendments
        * Dancing priests become Internet sensation
        * Pucker up: Lip balms, treatments having a moment
        * Hultgren addresses rampant sex slavery in suburbs at forum

        * Patrick Cannon defense strategy rare but n...
        * Feds fine Jesse Jackson Jr.'s campaign com...
        * Ex-Congressman Jesse Jackson Jr. faces sen...
        * Representative Jan Schakowsky Sends Letter...
        * Rep. candidate pushes to uphold marriage b...
        * Reps. Schakowsky and Waxman Introduce Bill...
        * Statement by Representative Jan Schakowsky...
        * U.S. House Passes Resolution Condemning An...
        * FAA Rejects Call For New O'Hare Noise Stud...
        * Representatives Quigley, Duckworth, Schako...

        * Military immigrant program halted...
        * Military immigrant program halted...
        * Bring Back the Earmark...
        * Bring Back the Earmark...
        * Bring Back the Earmark...

        * U.S. Senator Mark Kirk to talk with Triton......
        * A Brief History of Michelle Obama Career-G......
        * Marco Rubio, Mark Kirk Warn John Kerry on ......

        * Top U.S. Aid Recipient Is Set to Hang a Christian Woman for Blasphemy
        * Illinois Woman Buys Year Supply Of Pumpkin Spice Coffee So She Never Runs Out
        * U.S. Government says Ebola a ‘Direct Consequence of manmade climate change’
        * Illinois cow holds record as world's tallest
        * Cook County Voting Machine Miscasts Candidate's Vote
        * Clowns With Sex Toys Attacked Illinois Family
        * Clinton hails Durbin and Quinn as "the future"
        * Andrew Klavan: Just Say No To Emma Watson and Feminism [video]
        * Illinois goes after Jimmy John's on taxes after company threatens move out of state
        * Davis Launches New Ad [video]


        * Rauner rips Quinn on IDOT patronage oversight
        * New Ad: Labor leader backs Rauner
        * Jewish Newspapers Endorse Rauner for Governor
        * TV Breaking News: Ethics blow for Pat Quinn
        * Federal judge deals Quinn ethics blow on IDOT patronage hiring




            Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller