SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Moody’s: Supreme Court ruling “credit negative” for Illinois, local governments

Friday, Jul 11, 2014

* From Moody’s “Weekly Credit Outlook for Public Finance”

On July 3, the Illinois Supreme Court found that state constitutional protections for pensions apply to retiree health care subsidies that were cut by the State of Illinois (A3 negative). The decision reversed a lower court’s March 2013 decision and remanded the case to the lower court for further proceedings. The court’s decision is credit negative for Illinois and local governments such as the City of Chicago (Baa1 negative).

The majority of the justices expressed views that run counter to the rationale used in recent pension reform legislation for certain city and state plans. We therefore perceive increased risk that the Illinois Supreme Court will rule the pension reform legislation unconstitutional, which would jeopardize $32.7 billion of pension liability reduction.

The ruling shows that most of the justices have an expansive view of how the pension clause (Article 13, Section 51) should apply to pensioners. The majority opinion states that, “Where there is any question as to legislative intent and the clarity of the language of a pension statute, it must be liberally construed in favor of the rights of the pensioner.” This and other sections of the ruling signal how the court could side with pensioners when it eventually addresses the constitutionality of recent state pension reforms, which have already been challenged, as well as Chicago’s pension reforms, which we expect will be challenged.

The court still may be persuaded by arguments outside the scope of the current ruling, such as the idea that extreme pension funding pressure prevents the state or a local government from providing for public health and safety, a responsibility higher than adhering to pension promises. The ultimate outcome on the state’s pension reforms will remain uncertain until the court rules on their legality directly. In December 2013, the state passed sweeping legislation to address the severe underfunding of its pension systems. The legislation reduced cost-of-living adjustments (COLAs) for employees and retirees in four of the five state pension systems. The legislation also increased state contribution requirements and reduced employee contribution rates. The state’s actuaries estimated that these and other changes reduced accrued liabilities as reported by the three largest pension systems by approximately $21 billion as of June 30, reducing Moody’s adjusted net pension liabilities (ANPLs) for the three largest systems — the Teachers’ Retirement System (TRS), State Employees’ Retirement System (SERS) and State Universities Retirement System (SURS) — by a combined $32.7 billion, or 17%.

In May, a lower court judge barred the state from implementing its reforms until lawsuits challenging the changes were resolved. The matter will almost certainly be appealed to the state Supreme Court, no matter the outcome in the lower court.

No surprise there.

- Posted by Rich Miller        


49 Comments
  1. - Norseman - Friday, Jul 11, 14 @ 12:52 pm:

    Ty, you’re not helping!


  2. - PublicServant - Friday, Jul 11, 14 @ 1:00 pm:

    ===The court still may be persuaded by arguments outside the scope of the current ruling, such as the idea that extreme pension funding pressure prevents the state or a local government from providing for public health and safety, a responsibility higher than adhering to pension promises.===

    The state can provide for pension debt repayment, public health and safety easily. They know how. The crisis is that they just don’t want to do it.


  3. - A guy... - Friday, Jul 11, 14 @ 1:00 pm:

    Maybe not a surprise, but a reality check none the less.


  4. - Six Degrees of Separation - Friday, Jul 11, 14 @ 1:05 pm:

    The larger reality check is if the ISC rules the way 99.9% of knowledgeable people think they will, the only constitutional solutions will likely further damage the state’s credit rating even as the ship is being slowly righted.


  5. - VanillaMan - Friday, Jul 11, 14 @ 1:11 pm:

    We expected this.
    What was plan B?


  6. - PublicServant - Friday, Jul 11, 14 @ 1:14 pm:

    ===the only constitutional solutions will likely further damage the state’s credit rating even as the ship is being slowly righted.===

    Can you elaborate on what the solutions are that you think would likely damage the state’s credit rating?


  7. - RNUG - Friday, Jul 11, 14 @ 1:16 pm:

    Moody’s should have already known and factored all that into their ratings. Guess they are starting to get worried that the attempted illegal theft of the pensions won’t fly here.

    But I guess we have to remember those are the same people who have missed most of the financial train wrecks the last 10 years or so.

    Based on actions taken in other states and the credit rating agency’s responses, the ONLY thing that is going to make them happy is a PERMANENT tax increase.


  8. - Jimbo - Friday, Jul 11, 14 @ 1:19 pm:

    For who Guy?


  9. - kizzoboy - Friday, Jul 11, 14 @ 1:24 pm:

    Constitutional amendment - all new hirees 401k-style system. Long term solution.


  10. - VanillaMan - Friday, Jul 11, 14 @ 1:26 pm:

    the only constitutional solutions will likely further damage the state’s credit rating even as the ship is being slowly righted

    Likely? Further?

    No. We’ve hit bottom. Anything now is an improvement. Our only options are constitutional and that can happen rather quickly if it wasn’t an election year and Democrats weren’t in a panic.

    Tax retirement income. Make it temporary so that it applies to the cause of this problem - too many Boomer retirements. So, make it good for 25 years. That ought ot outlast them.


  11. - kizzoboy - Friday, Jul 11, 14 @ 1:29 pm:

    What about an income tax ONLY on public pension systems? Revenue generated gets ear-marked to go back into the systems. If the state could pass a tax that specific it could have the same budget effect as the now unconstitutional law would have had…


  12. - Mason born - Friday, Jul 11, 14 @ 1:36 pm:

    Kizzoboy

    I suspect the first Federal Judge you talk to would chuck that one.


  13. - Jimbo - Friday, Jul 11, 14 @ 1:41 pm:

    I think we should only tax commenters with the handle Kizzoboy. That would be unfair though wouldn’t it. The pensioners aren’t the cause of this problem.


  14. - Yellow Dog Democrat - Friday, Jul 11, 14 @ 1:41 pm:

    Kizzoboy:

    An income tax applying only to the retirements of public employees would be unconstitutional.

    Plus, if you think SB 1 was politically difficult, consider that idea politically impossible.

    Unless you know some legislators eager to vote for a $100 billion tax hike?


  15. - Cassiopeia - Friday, Jul 11, 14 @ 1:42 pm:

    On the flip side Illinois GO Bonds are a really good high yield investment going forward…

    This is actually not a snarky comment.


  16. - Norseman - Friday, Jul 11, 14 @ 1:45 pm:

    kizzoboy, sorry but your idea is unconstitutional as well. If you want to tax retirement income, you have to apply it to all retirees.


  17. - PoolGuy - Friday, Jul 11, 14 @ 1:45 pm:

    If Bruce is Gov come next January, would not want to be in his shoes. keep taxes at 5% and have Madigan stick the tax increase right in his face, or a progressive tax to cover state’s expenses and honor the pensions. or tax on retirement income.

    or cut taxes back to 3.75% or lower, go to war with unions, major cuts in state services, layoff thousands of teachers and state workers (which would increase our unemployment rates) and still have to deal with lower credit ratings.

    yikes, who wants to be Gov…


  18. - Stones - Friday, Jul 11, 14 @ 1:47 pm:

    That doesn’t change what is constitutionally correct.


  19. - Anon - Friday, Jul 11, 14 @ 1:49 pm:

    “Constitutional amendment - all new hirees 401k-style system. Long term solution.”

    But the State can’t rob 401ks and then there are Social Security payments. Will there be matching funds? Can’t cheat on 401ks. The money can not be deferred.


  20. - Ret Prof - Friday, Jul 11, 14 @ 1:56 pm:

    ok all you 401K proponents. What happens to the balance of the money if someone dies? Currently someone who collects for a few years and passes (with no dependents) the money stays in the system.


  21. - OLK 73 - Friday, Jul 11, 14 @ 1:56 pm:

    If I was Madigan/Cullerton I’d quit now and avoid the lynch mobs now that the Union’s realize once and for all they will sold a bill of goods and now they will pay the price.


  22. - Big Muddy - Friday, Jul 11, 14 @ 1:57 pm:

    Those that say pensioners are not part of the problem are wrong. They too are PART of the problem. Just like Republican AND Democrat members of all state government going back decades. Placing blame here is truly pointless as there is more than enough to go around… for everyone. There is going to have to be, at some point, a grand compromise between the unions, the politicians and the taxpayers. Without one the pension systems should just be allowed to dry up.


  23. - A guy... - Friday, Jul 11, 14 @ 2:02 pm:

    === Jimbo - Friday, Jul 11, 14 @ 1:19 pm:

    For who Guy?====

    For everyone Jimbo. Look at the Moody’s statement. Read how they describe the “construe it liberally” portion of the ISC finding and how they compare it to everywhere and anywhere else that pensions have been an issue.

    I know the ruling was hailed as a huge victory. I just think it’s really not. They can award you $100B, but if the money’s not there, all you’ve got is a ruling and an empty envelope.

    It’s only a reality check in this state when it gets real. It’s about to soon enough.


  24. - Anon - Friday, Jul 11, 14 @ 2:05 pm:

    Moodys also warned that allowing the income tax hike to expire would be bad for the state’s credit rating. Yet the Tribbies and their GOP allies didn’t pay any attention to that warning. Apparently there are warnings that matter — when they fit a political agenda — and warnings that don’t matter — when they conflict with that agenda.


  25. - A guy... - Friday, Jul 11, 14 @ 2:11 pm:

    Anon, Moody’s doesn’t mind tax hikes. It heightens (temporarily at least) the full faith and credit of the populace. That’s a better lending risk for them. You’re comparing apples and papayas my friend. One is about credit rates, the other is about real retirement income. Those relying on it deserve a sustainable dependable plan.

    I’d agree they earned a lot of it. Even most of it. Some of it was the result of legislators making horrific decisions. Those same unions backed and supported those very legislators. There’s enough blood on the hands of all sides here. I liberally construe that if a decent compromise doesn’t come forward with lots of equally distributed pain, someone’s going to absorb the bulk of the pain. I wouldn’t risk it if I could avoid it.


  26. - Anon - Friday, Jul 11, 14 @ 2:33 pm:

    It’s not apples and oranges. Moodys said a huge dropoff in state revenues would reduce confidence in the state’s ability to pay its bills. Ditto for the court ruling on the health insurance law. Both events shake confidence in the state’s creditworthiness. Republicans care about only one of them.


  27. - Precinct Captain - Friday, Jul 11, 14 @ 2:37 pm:

    ==- RNUG - Friday, Jul 11, 14 @ 1:16 pm:==

    I’ve said it before and I’ll say it now, businesses paid off Moody’s, S&P, et al. to get good ratings for their instruments, the state should send a little their way and next thing you know we’ll be at AAA!

    ==- Big Muddy - Friday, Jul 11, 14 @ 1:57 pm:==

    Please explain how and why pensioners are part of the problem? If we start a fund and each put in $1 a year for 10 years and I put in all my money you only put in $5 of yours, you caused the problem. The state didn’t pay what it owed when it had the money and the bills are coming due. The pensioners didn’t do anything wrong. Blame it on Thompson, Edgar, Ryan, & Blagojevich. Quinn has been making the payments.

    If you’re arguing that state employees and teachers make too much, well I think you’re there too. However, if you’re going to blame people, the ones doing the negotiations were in the governor’s office, which was mostly Republicans for the last generation.


  28. - wordslinger - Friday, Jul 11, 14 @ 2:40 pm:

    –Ty, you’re not helping! –

    Very funny, Norseman.

    –Make it temporary so that it applies to the cause of this problem - too many Boomer retirements. So, make it good for 25 years. That ought ot outlast them–

    Is that a joke? A “temporary” 25-year tax increase? That makes sense to you?

    You’re aware that, in reality, anything authorized by statute can be changed at any time? You can’t bind future GAs by statute to a “temporary” 25-year tax.


  29. - Steve - Friday, Jul 11, 14 @ 2:53 pm:

    Just a reminder to all those expecting a public pension from Chicago and/or Illinois state government: what if your pension check comes in the same “timely” manner that many social services providers get today for lack of funds?


  30. - wordslinger - Friday, Jul 11, 14 @ 2:58 pm:

    –I know the ruling was hailed as a huge victory. I just think it’s really not. They can award you $100B, but if the money’s not there, all you’ve got is a ruling and an empty envelope. –

    What “award” of $100 billion? What does that mean, “empty envelope?”

    The state is a going concern with the ways and means to honor its contracts, as both the state and federal Constitutions require.

    The fact that it borrowed money and now doesn’t want to pay it back means oogats.


  31. - Jimbo - Friday, Jul 11, 14 @ 3:10 pm:

    Okay Guy. Our eyes are open. As for the 100 billion dollar hole, it doesn’t have to be paid tomorrow, or really anytime this decade. It does look really scary growing at 7.5 billion per year.

    The only thing that has to be paid, what the court has ordered to be paid are pension benefits. In the worst case, absolute catastrophe scenario where the pension fund goes bust which it won’t for decades, those will be paid with current employee contributions and GRF. The reason we need to fix the unfunded liability isn’t because the unfunded liability will bankrupt the State, it is because the ratings agencies say it could, so our bonds command insanely higher interest than other states bonds. Notably much lower than the historical average.

    They think that if the State did go run it like a ponzi scheme, pension obligations would be a massive part of the budget. That assumes inflation will continue at the same rate however. It is okay though because Tier II is a net gain to the State. Once the Tier I folks are gone, it becomes more sustainable.

    It isn’t ideal, and I would argue we should strive to get to 90% funded regardless. I’m simply saying that the pensions won’t destroy us all. The UL will likely be reamortized and we’re looking at some manner of tax code changes (service tax, retirement income tax, graduated tax, higher rate than 3.75) and some rethinking of spending priorities. It seems unfair to spend so much on pensions that folks like you don’t get, but you can’t look at it that way. It is debt service. The State effectively borrowed money from the funds (knowing the interest rate would be 7.5%) by not contributing their portion. If they had, the funds would be at least 85% funded no one would be talking about the issue. Because the state spent borrowed money, it has to pay it back. The ISC will confirm just that. It isn’t the pensioners though who will be eating up all of the tax dollars, it will be debt payments for past spending. Take a look at the percentage of the US Government’s budget is debt service (not that we should emulate their habits).


  32. - Six Degrees of Separation - Friday, Jul 11, 14 @ 3:12 pm:

    Can you elaborate on what the solutions are that you think would likely damage the state’s credit rating?

    There’s only a few ways out if the pension debt can’t be forgiven by “police power” justification. Taxing, borrowing, debt restructuring and defaulting, all with some negative connotations in the bond ratings department. This has been discussed here ad infinitum. It is not a deal killer by any means; just that this state will probably have to pay more to borrow money and issue bonds than other states for a long time.


  33. - Big Muddy - Friday, Jul 11, 14 @ 3:12 pm:

    PC @ 2:37,
    Anyone who thinks it is financially fair to pay into a system that covers the first few years of their own retirement and then gets a lifetime of 3% compounding increases no matter what the markets/investments return is part of the problem. The unions of these pensioners also supported the pension holiday that they so quickly forget! There is blood on everyone’s hands here. Don’t play the victim, we are all victims in this mess!


  34. - Steve - Friday, Jul 11, 14 @ 3:12 pm:

    - wordslinger -

    How about all those social service providers Illinois has “promised” to pay: how’s that working? I hope some people can “wait 9 months” to get paid… on their pension because don’t think that can’t happen here- if there’s no money left in a pension fund.


  35. - anon - Friday, Jul 11, 14 @ 3:12 pm:

    “I liberally construe that if a decent compromise doesn’t come forward with lots of equally distributed pain, someone’s going to absorb the bulk of the pain. I wouldn’t risk it if I could avoid it.”

    Why should a government employee who paid in and worked for below par pay for years agree to any compromise given the court rulings? The only “equally distributed pain” which is constitutional and fair to everyone is an increase in the general tax. Wishful thinking that public employees are gonna voluntarily take a huge hit over this just so you don’t have to pay your fair share.


  36. - Rich Miller - Friday, Jul 11, 14 @ 3:14 pm:

    Steve, we’re currently at the top of the Edgar ramp. It’s about 21 percent of GRF here on out.


  37. - Jimbo - Friday, Jul 11, 14 @ 3:15 pm:

    Sorry for the punctuation and grammatical errors, probably spelling too, I typed that comment on a tablet.


  38. - Cook County Commoner - Friday, Jul 11, 14 @ 3:18 pm:

    If the state decides to tax pensions in order to pay for pensions, could an argument be made that that is an impairment and diminishment under Art. 13, Sec. 5 of the state constitution?


  39. - A guy... - Friday, Jul 11, 14 @ 3:21 pm:

    === anon - Friday, Jul 11, 14 @ 3:12 pm:

    Why should a government employee who paid in and worked for below par pay for years agree to any compromise given the court rulings? The only “equally distributed pain” which is constitutional and fair to everyone is an increase in the general tax. Wishful thinking that public employees are gonna voluntarily take a huge hit over this just so you don’t have to pay your fair share.====

    Yeah, bring that approach to the table. Convince over 13 million people that they haven’t paid their ‘fair share’ to live here. That’s a winner.

    I guess “below par pay” is in the eye of the depositor. I’m sure it is true for some. I suspect most people would tell you they’ve worked for below par pay no matter where they worked.


  40. - Jimbo - Friday, Jul 11, 14 @ 3:31 pm:

    We’re all victims, but the folks who worked in return for compensation, of which the pension and the AAI is part, are the only ones that must pay? Let me say this again, we aren’t paying for pensions here people, we are repaying debt to the pension system.


  41. - wordslinger - Friday, Jul 11, 14 @ 3:32 pm:

    Steve, you realize pensions are in separate funds and not paid out of GRF?

    Assuming statutory annual GRF contributions and historic returns, what’s the ETA on your Doomsday scenario?

    The pensions have been in “crisis” since the 40s. Yet no check has ever been missed or late.

    The hysterical p.r. con job by the Civvies and Tribbies was never about “can’t pay” the money that was borrowed but “don’t want to and lets see what we can get away with.”

    I think the Supremes have signaled that pipe dream is over.


  42. - Jack Handy - Friday, Jul 11, 14 @ 3:33 pm:

    We don’t realize it yet but are in a “Seldon Crisis” and Madigan will appear again this veto session to point us to the one and only inevitable course of action, the cost shift.


  43. - Jimbo - Friday, Jul 11, 14 @ 3:36 pm:

    Big Muddy, have you ever heard of an annuity? You can’t look at the hard number of dollars paid in and compare that to future dollars taken out? All of that money invested compounds at 7.5%. And maybe you should look at the historical rate of return of the S&P if you think that’s so outlandish. Also, if you want a “sweetheart” deal that allows you to receive many more dollars than you paid, perhaps you should purchase an annuity.


  44. - Mama - Friday, Jul 11, 14 @ 3:55 pm:

    Taxing a retiree’s pension would be a diminishment of the retirees’ pension. Please correct me if I’m wrong here. “What is good for the Goose is good for….” Therefore, if you tax the retired state employees’ and teachers’ pensions, etc., you will have to tax the private sector’s pensions or 401K too! Believe it or not, teachers, state employees, etc. already paid taxes before money was put into in the pension funds while they were still working. I should have said before the retirement money should have been placed into the pension funds!


  45. - Jimmy - Friday, Jul 11, 14 @ 3:57 pm:

    Can we close out this week with David Bowie’s “Panic in Detroit?”


  46. - Big Muddy - Friday, Jul 11, 14 @ 3:58 pm:

    Jimbo,
    This annuity you speak of? Can I buy one that over my retirement life I only put in, on average less than 5% of the dollars I actually receive? Sorry, can’t get one of those deals as an average non-union working stiff.
    I want pensioners to receive a fair pension in their retirement, but the math just isn’t gonna work here folks. All need to take a haircut here. Pensioners, politicians and yes, us taxpayers. Pushing the cost solely on to the backs of taxpayers would not be pretty.


  47. - Six Degrees of Separation - Friday, Jul 11, 14 @ 4:01 pm:

    Anyone who thinks it is financially fair to pay into a system that covers the first few years of their own retirement and then gets a lifetime of 3% compounding increases no matter what the markets/investments return is part of the problem.

    The Illinois Municipal Retirement Fund does this, and is 80% funded and sustainable. The only diffence being, unlike the state systems, the employer contribution as well as the employee contribution has always been made. Defined benefit pensions are not like an employee paying into a 1% savings account. They are both employer and employee paying into a fund, which is in turn pooled and invested in financial instruments, which in a good year can produce yields that keep up with or exceed what goes out in benefits. As late as 2000, the State Employees Retirement System was 80% funded, largely due to some really good investment years during the Clinton era.


  48. - anon - Friday, Jul 11, 14 @ 4:02 pm:

    @ A guy, you forget that public employees pay taxes like everyone else. That’s what “shared sacrifice” means.

    And as to the issue of payment out of the general fund, the recent Appellate Court decision in the County Treasurer stipend case made it clear that the courts have the constitutional power to order payment of pensions even if there is not one cent left in the designated pension fund.


  49. - Taser - Friday, Jul 11, 14 @ 4:08 pm:

    Jack Handy - The State will not only need to implement the cost shift but it will need to make further cuts to higher ed and chop sales tax revenue to local governments. These entities (municipalities will need State approval) can resort to the BK courts to fix these problems. We may even see an emergency manager for Chicago - just like in Detroit.

    Casino tax revenue belongs to Detroit and can’t be tapped by a bond insurer while Detroit is in bankruptcy, a federal judge ruled Friday, dealing a setback to one of the city’s last holdout creditors.

    From The Detroit News: http://www.detroitnews.com/article/20140711/METRO01/307110058#ixzz37CEUmsuq


Sorry, comments for this post are now closed.


* Reader comments closed for the weekend
* *** UPDATED *** THIS JUST IN... Judge orders permanent stay on pension law
* Today's number: 10 percent
* Unclear on the concept
* Could be a big day
* Question of the day
* Illinois leaders react to Obama's immigration order
* TrackBill – An Introduction
* Caption contest!
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* 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

          
        * Google’s Nexus 6 Might Be Too Big For Right Now, But Right-Sized For The Future
        * You Should Play: Monster Strike is a delightful mashup of monster battles and pinball
        * HTC Desire Eye Review: Welcome to the (selfie) machine
        * The Week in iPad Cases: Extra storage, ultra rugged, and everything in between
        * Apple's $450 million e-books settlement gets final approval
        * Do you really care about health tracking wearables?
        * Weekend Game Getaway: Kingdom Rush Origins, Soulcalibur Sale

        * Have Kids Find the “Bargain Price” to Teach Them About Money
        * Change to a Better Airline Seat by Asking the Day of an Flight
        * Dress in Bright Clothes to Lull The Winter Blues
        * Re/code on TV: The Return of the Mac, Uber’s Toes and Snapcash
        * Seal Your Home for the Winter Against Outdoor Critters
        * This Discounted Alarm Clock Just Might Change Your Life
        * Start With Cold Water For Better Mashed Potatoes

        * Sources: White Sox land LaRoche with two-year deal
        * Sources: White Sox land LaRoche with two-year deal
        * Sources: White Sox land LaRoche with two-year deal
        * Abreu will benefit from LaRoche's presence
        * White Sox sign Adam LaRoche to two-year, $25 million deal
        * Sources: White Sox land LaRoche with two-year deal
        * Down year doesn't derail White Sox hopes for Johnson

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


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

        Archives
        November 2014
        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


        * Children's Theater Project Lands $5 Million Sta.....
        * Party bus becomes ‘engulfed in flames’ on I-294..
        * Bruce Rauner tackles full agenda in transition .....
        * Bicyclist struck by two vehicles on Lake Shore .....


        * Illinois' Rauner tackles full transition agenda
        * Immigrants urged to take advantage of Obama action
        * Door County fish business subject of federal probe
        * Springfield firefighter arrested for wielding gun
        * Pekin man sentenced for dealing deadly heroin
        * Attorney general warns of immigration scams
        * Suspect in 2011 slaying enters guilty plea
        * New study shows impact of military in Illinois
        * Congressman says he still deciding what to do next
        * Judge rules Illinois pension law unconstitutional

        * Attorney general warns of immigration scams
        * State pension changes ruled unconstitutional; appeal to Illinois Supreme Court next
        * State to refund $60 million in retiree health care money
        * State pension changes ruled unconstitutional; appeal to Illinois Supreme Court likely
        * Illinois pension case likely headed to high court
        * Judge: Pension ruling to come Friday
        * Rauner mum on fixes for ‘dire’ state finances, wants Quinn to freeze hiring
        * Rauner mum on fixes for ‘dire’ state finances
        * Judge to hear pension law arguments today

        * AndroGel giving AbbVie performance anxiety
        * Turning the kitchen into a tech hot spot
        * What does Michael Madigan do next?
        * Are Chicago's manufacturing districts vulnerable?
        * United's Smisek back in analysts' good graces


        * Police: Girl, 10, struck by drunk driver who fled scene
        * Business owners seeking pot shop licenses in Illinois faced lawsuits elsewhere
        * Time for all-new plan on pensions
        * Illinois pension reform law is unconstitutional, judge rules
        * Dr. Lawrence Solomon: Renowned dermatologist, book collector loved a mystery
        * 3 Daley scandals cost Chicago taxpayers over $6 million
        * As prisons swell, Illinois needs wiser policies
        * The Watchdogs: Rahm Emanuel’s silent partner in mayoral campaign: Mike Madigan
        * The Watchdogs: Rahm Emanuel’s silent partner in mayoral campaign: Mike Madigan
        * Rahm Emanuel’s silent partner in mayoral campaign: Mike Madigan


        * Emanuel: 'What the president did was create an opportunity'
        * $900K bail for man accused in fatal East Hyde Park shooting
        * Impaired Divvy bicyclist hit by 2 cars on Lake Shore Drive
        * Tourist robbed at gunpoint near Buckingham Fountain
        * Slain woman was thoughtful colleague, co-workers say
        * 4 injured in South Side shootings including, boy and girl, 15
        * 3 charged with gun, drug offenses in Beach Park
        * 3 killed, 5 injured in Chicago shootings
        * Man gets 23 years for Schaumburg hotel beating, robbery


        * Listen to State Week - November 21, 2014
        * State To Refund Retiree Health Care Money
        * Labor unions celebrate judge's ruling against Illinois pension law
        * Judge Finds Reductions In Pension Benefits Unconstitutional
        * Pension Ruling Imminent
        * Hoosiers divided over Obama’s executive action on immigration
        * Illinois Symphony Orchestra Joins The Circus For Holiday Pops
        * School Funding Testimony Taken At Capitol
        * Incoming U of I President Speaks To Springfield Audience
        * To Restore Executive Mansion, Rauner Plans Private Funds


        * Attorney general warns of immigration scams
        * Deckle McLean: Plagiarism comes with a price
        * Charles Krauthammer: The climate pact swindle
        * Quote of the Day: Nov. 22, 2014
        * State pension changes ruled unconstitutional; appeal to Illinois Supreme Court next
        * State to refund $60 million in retiree health care money
        * Mark Lawlor: Input sought from area residents on Grain Belt Express project
        * Esther Cepeda: Pass the ketchup
        * E.J. Dionne: A mission for Jeb Bush
        * Quote of the Day: Friday, Nov. 21, 2014


        * Mascoutah man dies after being shot during hunting trip
        * Illinois' Rauner tackles full transition agenda
        * Illinois spurred on by potential bowl eligibility
        * Tate: Football attendance an issue
        * Junior programmers compete at fast-growing robotics competition
        * Illini grade vs. Penn State: C+
        * Health care sign-up moving smoothly but slowly as big questions remain
        * Champaign man charged with drug, weapons offenses
        * In the grand scheme of things ... finale at Northwestern means everything
        * Post Game Show 11-22-14


        * South Elgin animal shelter unveils renovations
        * Lookin' sharp: Woodcarvers showcase their art in Lake Zurich
        * Obama broadens mission in Afghanistan
        * Storms raise hope in California drought
        * Reptiles and amphibians star at Barrington Hills event

        * 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...

        * Guest lineups for the Sunday news shows...
        * Conflict mineral law update and the war in......
        * Guest lineups for the Sunday news shows...
        * Guest lineups for the Sunday news shows...
        * Guest lineups for the Sunday news shows...

        * Algonquin police chief up for U.S. Marshal......
        * Durbin and Kirk make recomendation for U.S......

        * State Rep. Andre Thapedi HR1348 Press ReleaseClir
        * State Rep. Andre Thapedi HR1348 Press Release
        * Going to GRI in Peoria? Find session schedules #ILGRIturns50
        * IAR Government Affairs monitors veto session
        * Coming Thursday: Illinois October Home Sales Report
        * Infographic: October Illinois Housing Snapshot #IARMarketStats
        * Three facts about Illinois October home sales #IARMarketStats
        * Southwestern IL members collect food and toys for charities
        * Remember when cowboys and cowgirls were heroes?
        * Register for GRI in Peoria by midnight tonight! #ILGRIturns50


        * Illinois Residents Asked to Put the Tobacco Down - Support the Great American Smokeout – November 20
        * Governor Quinn Statement on President Obama’s Executive Action
        * Governor Quinn Statement on Selection of New University of Illinois President
        * Governor Quinn Statement on Senate Committee Passage of Minimum Wage Legislation
        * Governor Quinn Statement on the Installation of Archbishop Blase Cupich




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