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*** UPDATED x3 - IEA contradicts Cross - Quinn contradicts Cross *** Afternoon videos: Cross says governor wants to trade CME bill for borrowing plan, predicts pension reform vote in November
Thursday, Oct 27, 2011 - Posted by Rich Miller * House Republican Leader Tom Cross claimed today that Gov. Pat Quinn offered to support the CME Group tax cut proposal if the General Assembly agreed to borrow $4.5 billion over 7 years to pay off old bills. Cross said he didn’t favor the borrowing idea. Here’s part 1 of his press conference… *** UPDATE 1 *** A spokesperson for Gov. Quinn denied that her boss specifically offered to straight up trade his support for the CME tax cut in exchange for a borrowing plan. “Republicans made it very clear that they wouldn’t support the CME proposal as it is without a larger package of tax cuts,” the spokesperson said. “In response to that, the governor is open to negotiating a larger package for jobs. There were a lot of things discussed in that context.” The spokesperson said the governor is reviewing the CME proposal, which could cost upwards of $100 million. “He’s looking at options to mitigate the loss in revenue, like closing corporate tax loopholes,” she said, saying the proposal would result in a “pretty hefty loss” for the state budget. * Part 2 included more discussion about the CME bill. Cross claimed that the governor “wasn’t going to support CME” without borrowing, and said he mentioned some off-shore tax provisions as well. Cross also claimed that the governor “didn’t seem all that excited” about a pension reform bill Cross wants to bring to a vote in the second week of veto session, saying Quinn had some constitutional questions about the proposal. Cross also said his “theory” is that the governor targeted Downstate facilities for closure had a lot to do with Quinn’s push for a borrowing plan for old bills. Watch… * Senate President John Cullerton told reporters he’ll meet with Gov. Quinn next week to talk about gaming expansion. Cullerton said that means, as of now, the issue is on hold. Cullerton also disagreed with characterizations made by Senate GOP Leader Christine Radogno and Leader Cross that Gov. Quinn signaled opposition to the CME Group tax cut bill. Cullerton claimed the governor said he’d look at the proposal. Watch… * Cullerton’s Tenaska bill failed in the Senate today and was placed on Postponed Consideration. His closing remarks… * Rep. La Shawn Ford asked for a moment of silence today for the Occupy Chicago protesters. Listen… *** UPDATE 2 *** The governor’s plan to pay Regional Superintendent of Schools salaries out of the personal property replacement tax (which goes to local governments) fell way short today in the House. The bill received 59 votes. It needed 71 to pass. Here’s audio of the floor debate. Rep. Roger Eddy goes off on Quinn at about the 12-minute mark… * More…
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AARP explodes in anger over utility victory
Thursday, Oct 27, 2011 - Posted by Rich Miller * After yesterday’s votes to override the governor’s veto of the “Smart Grid” bill and pass the companion legislation, AARP Illinois issued the angriest press release I’ve ever seen from that group…
* Fine print…
* Tidbit…
* The governor is in a pickle here…
* The votes were close in the Senate, but the veto override and the trailer bill flew through the House…
House override motion and vote.. Thanks to BlueRoomStream.com for the video. * More criticism…
* Not everybody was upset, of course. Earlier this week, several mayors penned an op-ed opposing the ComEd “Smart Grid” bill…
* But things have a way of changing when a big company is determined to pass a bill…
The announcement is here. * And one legislator who voted against the utilities was upbeat…
* Roundup…
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Morning videos
Thursday, Oct 27, 2011 - Posted by Rich Miller * AFSCME Council 31 President Henry Bayer compares House Speaker Michael Madigan to Wisconsin’s Republican Governor Scott Walker… * There was a pretty big union rally at the Statehouse yesterday. The IEA has a brief video… * The Illinois College Republicans have a new video…
* From the Daily Herald…
The Facebook page is here. And here’s a video from that page…
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