Capitol Fax.com - Your Illinois News Radar » *** UPDATED x1 *** Rauner team puts on full-court press against pension bill
SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
*** UPDATED x1 *** Rauner team puts on full-court press against pension bill

Friday, Nov 29, 2013

[Before reading this, you might want to take a look at the new pension reform outline post.]

* You’ll recall that Republican gubernatorial candidate Bruce Rauner had this to say the other day about the pension reform agreement reached by all four legislative leaders

Unfortunately, the Springfield insiders have kept Illinoisans in the dark about the details of this bill. We’ve seen politicians do this before and it is rarely a good sign for taxpayers.

Any deal that would rank pension payouts to government union bosses ahead of priorities like education and public safety should cause grave concern and will lead to higher taxes.

* Rauner’s good friend Ken Griffin, who is the richest man in Illinois and has contributed more than $250,000 to Rauner’s campaign, followed up with an op-ed in the Tribune which expounds on Rauner’s talking points

Now our political leaders say they have made a breakthrough. In closed door meetings, hidden from public view, they have drafted legislation that’s intended to show they can get something done. But in this case, getting nothing done would be preferable to the passage of legislation that all but ensures the economic demise of our great state.

The proposed legislation provides for modest reforms of our broken pension system coupled with guarantees that payments to government employee pensions will come before paying for schools, hospitals, parks, police or fire protection. This isn’t a reform, but rather a fiscal death sentence: The state would be stuck with pension funding requirements that squeeze out all other priorities and tie the hands of future leaders.

The bitter truth is that our politicians have sold government employees a fraudulent bill of goods. Absent extraordinary economic growth, our state is going to collapse under the weight of generous pension promises made by union leaders and politicians. And with each passing day, the $100 billion gap between what has been promised and what is provided for grows by roughly $5 million.

Here is where this story will inevitably end: Our state is going to be forced to break its promises to our government employees and retirees. They will receive less than they bargained for. Our state’s taxpayers will see the 67 percent “temporary” tax increase converted into a permanent tax increase. And soon we will hear that even further tax increases are needed to meet our obligations. This is the price we are all going to pay for sending the wrong leaders to Springfield for too many years.

That op-ed does a good job of explaining what Rauner was really talking about. He opposes the proposal because he hates the funding guarantee, believing it would “rank pension payouts to government union bosses ahead of priorities like education and public safety.”

* And the Illinois Policy Institute, which received a $500,000 contribution from Rauner, piled on for good measure

The bill adds a pension-funding guarantee, prioritizing government worker pensions over all core spending. If pensions weren’t already squeezing out core spending enough already, Madigan’s bill adds a pension-funding guarantee to appease the unions. With Madigan’s minimal reforms, this funding guarantee will lock in further tax increases and increase the burden on taxpayers. A vote for this bill is a vote for tax hikes.

Notice how they refer to this as “Madigan’s” bill, when, in fact, the proposal has been agreed to by all four legislative leaders, including the two Republicans.

Some of the rest of the Policy Institute’s analysis is off base. The bill does impose a means test on cost of living allowance adjustments, for instance.

All that’s missing so far is a full-on attack by Reboot Illinois, which is funded by Ken Griffin’s independently wealthy spouse.

…Adding… From Reboot’s executive editor…

Rich: Sorry to disappoint. No attack here:

http://www.rebootillinois.com/?opinion=9129

* Meanwhile, the Sun-Times editorial board warned Rauner to back off

Madigan on Wednesday said Republican gubernatorial candidate Bruce Rauner has been lobbying Republicans to reject the deal because the “funding guarantee,” the clause that obliges the state to make its annual pension payment, is too strong and could hamstring the state.

Hogwash.

Under the funding guarantee, as we understand it and as it has been drafted in other pension bills, the state retains some flexibility, particularly in the event of a financial crisis. And more importantly, the state has a fiscal and moral responsibility to make these payments — its failure to do so helped create this pension mess. The guarantee also could help the state’s credit rating and could help the bill survive a court challenge.

Given the thinness of the argument against the funding guarantee, we fear this is straight politics. Solving the state’s fiscal mess could undercut Rauner’s chances to win either in March or November by giving his opponents a key victory. We reached out to Rauner on this but didn’t get a return call.

* So far, there’s nothing new from the Tribune editorial board on the substance of the proposal, although it did warn the other day - in an apparent preview of one of Rauner’s two main talking points - that leaders should give legislators and the public an opportunity to see the bill before it’s voted on. The Tribune has editorialized in the past against a funding guarantee, however.

*** UPDATE *** From the Illinois Policy Institute…

“We have to pass the bill so that you can find out what is in it.”

Remember when former Speaker of the U.S. House of Representatives Nancy Pelosi said this about ObamaCare?

Well, the Illinois General Assembly is repeating that horrible mistake, and we need your help today to stop them.

Illinois’ legislative leaders announced a pension “fix” right before Thanksgiving. And lawmakers have been called back to Springfield on Tuesday to vote on the measure.

The only problem? No one has seen the bill.

Legislative leaders released an outline of the plan earlier today. We quickly provided a breakdown of the proposal – based on what we know, it delays reform and keeps Illinois in a constant state of crisis.

It’s likely that a bill will not appear until late Monday. That means legislators will only have a few hours to digest a complicated piece of legislation dealing with the most critical fiscal issue in Illinois before voting on it.

We’ve been down this road before. We know where it leads. We need your help right now to mount a full-scale campaign to make sure that this bill – negotiated in secret, agreed on in secret and being drafted in secret – gets to see some daylight before legislators vote on it.

Please help us today – let’s demand to see the bill!

In liberty,

Jonathan Greenberg
Vice President of External Relations

P.S. Illinois taxpayers and government workers can’t afford pension “glitches.” Lawmakers should refuse to pass a pension bill to find out what is in it. We need your help right now to block a backdoor pension deal.

All of the links lead to a fundraising page which asks people to “Donate today and help us block Madigan’s backdoor pension deal!”

Perhaps not coincidentally, I received a blast e-mail earlier today from an e-mail address which made it appear as though it were sent by Gov. Pat Quinn. The e-mail provided a link to a clever little YouTube video that “thanks” Illinois Republicans for cooperating with Democrats on the pension bill

- Posted by Rich Miller        

No Comments

Be the first to comment.

Sorry, comments for this post are now closed.


* Reader comments closed for the weekend
* Rauner issues executive order barring legislators from representing clients at PTAB
* Kennedy: Limit top progressive income tax rate to less than 6 percent
* Question of the day
* Next week's House session cancelled
* *** UPDATED x2 - Pritzker "Did Chris Kennedy Just Endorse Bruce Rauner?" - Kennedy campaign tries to explain *** Kennedy says Rauner "should be applauded" for "trying to do what he thinks is best for the state of Illinois"
* Sen. Donne Trotter retires
* Illinois payrolls were up just 0.5 percent last year
* Vitriol continues in Durkin's primary race
* *** UPDATED x1 *** Judge clears courtroom in Rauner lawsuit hearing
* You can't "fully inform" voters without money
* State agrees to a $400 million consent decree
* Rate Prizker's new online ad
* Rauner gets another property tax press pop
* Emanuel pokes Rauner over Amazon comments
* Rauner's new Pritzker ad cost just $11,900
* Kennedy unveils health care plan
* Gov. Rauner gets his own blog
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

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

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

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

...............
<


Loading


* Governor presents plan to fix property tax syst.....
* Schools test approach that lets students learn .....
* Mike Madigan speaks in Ottawa, predicts success.....
* Editorial: Daiber, Marshall and the downstate d.....
* Petty, Davidsmeyer both decry anti-Petty calls..
* Statehouse Insider: Rauner goes after Madigan’s.....
* Statehouse Insider: Rauner goes after Madigan's.....
* Mike Madigan speaks in Ottawa, predicts success.....


* Thousands protest Trump at Illinois women's marches
* $1.9M in Mellon Foundation grants aid UIC humanities studies
* The Latest: Thousands protest Trump at Illinois marches
* Schools test approach that lets students learn at own pace
* Chicago police shoot man officers say was attacking woman
* Metra fares, service cuts coming in February
* EXCHANGE: Few shelters from cold for suburban homeless
* EXCHANGE: Cannery now handles weddings instead of pumpkins
* Serial stowaway arrested again at Chicago's O'Hare airport
* Former teacher sentenced to prison in child porn case

* Rauner order bars lawmakers from property-tax appeals
* Outdoor sports participants hoping for larger cut in farm bill
* U of I trustees approve 4th-straight tuition freeze
* Rauner to air extended ad of Pritzker, Blagojevich on wiretap
* Mendoza to keynote Women's March Saturday in Springfield
* Chicago mayor vows to step up Amazon second headquarters bid
* Under the Dome Podcast: More Blago-Pritzker talk, Rauner confirms Duke is racist
* U of I withdrew 35 job offers after background checks
* Frerichs: Can't get tax break for using college savings plan on private K-12 tuition
* Illinois governor to air extended ad of rival, Blagojevich on wiretap

* What you need to know about the L.A. Times 'frat-boy executive' scandal
* Law firms' 2018 resolution: Less paper
* Could this company become Chicago's own Salesforce?
* Manufacturers discover marketing
* In Chicago, does the new tax law mean a bonus?


* Man charged with DUI after fatal crash near Bolingbrook
* Point guard Kris Dunn has now been ruled out of Monday’s game in New Orleans
* UIC earns 87-80 road victory against Cleveland State
* Titans hire Texans’ DC Mike Vrabel as head coach
* Six Chicago public schools getting washers and dryers to help students in need
* Man, 64, dies weeks after being struck by vehicle in Belmont Central
* Late surge pushes Northwestern past Penn State for needed Big Ten win
* Max Strus scores 27 points, but DePaul falls to visiting Butler
* Burglars targeting vacant buildings in South Austin
* Man shot in the leg in Lawndale


* Trump plans gala at Mar-a-Lago on Saturday night, again renting a ballroom from himself
* Congressman ordered to repay taxpayer funds used to settle misconduct claim
* Tennessee Titans hire Houston Texans defensive coordinator Mike Vrabel as head coach
* 'Serial stowaway' got past TSA, spent night at O'Hare before flight to London: Prosecutors
* 1 dead, 1 charged with DUI after 4-vehicle crash on I-55
* Diversity group will seek Rooney Rule reforms after Jon Gruden's hiring by Raiders
* Shutdown grounds Air Force sports and upends NFL viewing; Navy to continue
* Around the world — and near Trump's home — women march in show of political force
* Geysers yes, Ellis Island no: Some U.S. parks open, some not
* West suburban residents return to Grant Park for Women's March, say there's more work to be done


» Chicago Schools Chief: Cost A Driver In Special Ed Overhaul
» One Year Later, Women’s March Demands More Than Attendance
» State Week: Education Funding, Pritzker-Blagojevich, Rauner-Duke
» Sheriff Offers To Help Review Police Shootings In Suburban Cook County
» A Prescription For Fruits And Veggies: One Solution To Food Insecurity in Illinois
» A Call For Transparency
» 2 Illinois Governor Candidates Spend $26M In Last 3 Months
» State Board of Education: Double School Funding Now
» Lawmakers Demand Fast Internet For Rural Schools
» 2 Dreamers Discuss Helping Other Immigrants Amid Uncertainty


* Statehouse Insider: Rauner goes after Madigan's other job
* Petty, Davidsmeyer both decry anti-Petty calls
* Ed Rogers: High stakes for Trump at the World Economic Forum
* Scott Reeder: Formula for political success is to listen to voters
* Rauner order bars lawmakers from property-tax appeals
* Outdoor sports participants hoping for larger cut in farm bill
* Point: Trump's stance gives hope to an Iranian majority that longs for freedom
* Counterpoint: Trump's assertive policies rally Iranian support for the Ayatollahs
* Thumbs Up: To investing in infrastructure
* Eugene Robinson: An administration with no credibility cannot lead


* Janet E. Konecky
* Still pumped for Trump in Southern Illinois: One year in, local voters voice support for president
* Local residents talk race one year into Trump presidency; some optimistic about future
* PHOTOS: Warrensburg-Latham Rallies Around Couple With Cancer
* Several hundred attend Women's March in downtown Carbondale
* Danville man dies in I-74 crash
* HS Girls Basketball: Mahomet-Seymour vs Central
* Hundreds rally for Q-C women's march
* State trooper revives driver who overdosed on interstate ramp
* MLK Community Celebration


* 3 suburban graduates make Forbes' '30 Under 30' list for VR office tool
* Chicago Bears' Nagy had no doubts about wanting to keep Fangio
* Images: Women's March in Chicago
* Rolling Avalanche get 9th straight win, 3-1 over Rangers
* Chicago White Sox forecast: One more season of growing pains

* Our view: End patronage at Algonquin Towns...
* Letters to the editor: Election commission...
* Subcommittee on Financial Institutions and...
* Lawmakers back renaming Warrenville post o...
* Teacher raised in Yorkville running agains...
* This RSS feed URL is deprecated
* Bipartisan Illinois criticism follows Trum...
* Shutdown Stalemate As Immigration Negotiat...
* US places Pakistan on special watch list f...
* 'Time' Magazine's Powerful Cover Features ...

* This RSS feed URL is deprecated...
* The lead Democratic negotiator on immigrat......

* This RSS feed URL is deprecated...

* #RAW25
* Thank you Sen. Donne Trotter
* Chance The Rapper Visited Uptown Last Night
* “Chicago” West?
* Donald Trump And The Rhetoric Of Dictators
* The Beachwood Radio Sports Hour #184: Bell & Bulls, Vic & Vikes, Corey's Confusion
* Thorner/O'Neil: Social Engineering: Transferring Parental Control of Children to Teachers
* 7 members of Illinois Congressional delegation co-sponsor Born Alive measure
* Chicago Ex Fest canceled amid allegations of sexual misconduct against its organizer
* Mom and Dad is a bracing Mad magazine-style satire


* Illinois Awarded Funds to Offer Advanced Training on Detecting Impaired Driving
* Illinois EPA Announces Upcoming Household Hazardous Waste Collection Events
* IEMA Highlights Emergency Preparedness for People with Access and Functional Needs in May - Ready Illinois website offers preparedness tips for people, caregivers
* First Lady Launches Illinois Family Connects
* Governor and Lt. Governor Unveil 2016 Journal of Local Government Shared Service Best Practices

  
* Women’s March embraces collaborative social app Crunchet
* Portrait Camera App 'Focos' Gains Real Lens Optical Effects and Improved Shooting Mode
* Shell wants to turn smartwatches into smartphones on a wing (or two)
* Gboard goes big on GIF creation in the suggestion bar
* iOS 11 is now on 65 percent of devices
* FCC sees US variants of Nokia 6 (2018) or Nokia 7
* Skagen Falster smartwatches are now available to buy

* Getting ready for Soxfest 2018
* White Sox seeking new flagship radio home
* Engel working to steady barrel in Year 2
* WLS parent company looking to end White Sox radio deal
* Inbox: Who replaces Rodon in the rotation?
* 2018 South Side Sox Hall of Fame Ballot
* With maturity comes lofty expectations for Eloy


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

Archives
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
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




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