* In case you need to refresh your memory, the Chicago Tribune story is here. From the Chris Kennedy campaign…
The tapes speak for themselves.
* Sen. Daniel Biss’ campaign…
Including JB’s $230,000 property tax scheme, this is part of a disturbing pattern that JB is using the same rigged game that the rich and well-connected have played to benefit themselves at the expense of the rest of us
* Ameya Pawar’s campaign…
“This is what billionaires and political insiders do and people across the state are tired of politics as usual. Ameya Pawar’s record of beating the Chicago machine and passing legislation on behalf of working families represents a break from the status quo. If elected governor, Ameya will be a voice for the millions of Illinois families who have been left behind to fight over scraps.”
On our 701st day without a budget, two more bond rating agencies gave Illinois the 7th and 8th credit downgrades since Gov. Rauner took office 2 ½ years ago. Before he took office, Illinois had been paying its backlog of bills down. It got down to less than $5 billion. In just two years of his failed leadership, he has about tripled that stack of unpaid bills to $14.5 billion and growing. Both Standard & Poor’s and Moody’s dropped the state to one grade above junk status Thursday.
While all sides could try harder to compromise toward a budget solution as the General Assembly has with every previous governor, business groups and independent third parties put the blame for Illinois’ crisis mainly on Governor Rauner. Standard & Poor’s said in its last assessment: “Illinois’ fiscal crisis is, in our view, a man-made byproduct of policy ultimatums placed on the state budget process.” In other words, Governor Rauner has created and now owns this crisis.
In the meantime, our office will continue triaging how to make payments to Illinois’ struggling schools, nursing homes, hospice centers and aging facilities from a near-empty bank account. We’re about to reach the breaking point at which court-ordered payments will exceed the state’s revenues. Illinois’ sick, elderly, young, and most vulnerable are paying the price. This crisis is untenable, unconscionable, and unnecessary. It’s time that the Governor stop campaigning and take responsibility for his failures and fulfill his constitutional mandate to introduce a balanced budget.
*** UPDATE 2 *** Treasurer Frerichs…
“Two credit downgrades in 24 hours further underscores the need for a full, balanced budget,” Frerichs said. “My warnings were ignored and credit agencies have responded. We need a bipartisan budget now to end this crisis.”
*** UPDATE 3 *** Illinois Working Together Campaign Director Jake Lewis…
“In light of today’s downgrades, the seventh and eighth downgrades of Gov. Bruce Rauner’s tenure, we are reminded of Rauner’s June 3, 2013 tweet:
Ilinois' credit rating just got downgraded….again. Unacceptable. #ILReform
Moody’s Investors Service has lowered the rating on the State of Illinois’ general obligation (GO) bonds to Baa3 from Baa2, amid a prolonged political impasse that has prevented progress on a growing pension deficit and an increasing backlog of unpaid bills. With this action, ratings of several state debt types linked to the GO rating also were lowered: Build Illinois Bonds backed by sales tax revenues, to Baa3 from Baa2; the Metropolitan Pier & Exposition Authority’s McCormick Place project bonds, to Ba1 from Baa3; and the state’s Civic Center program bonds, also to Ba1 from Baa3. Debt outstanding for all affected securities totals about $31.5 billion, but not all outstanding Build Illinois and Metropolitan Pier issues are rated by Moody’s. The outlook applicable to the state and these associated credits remains negative.
Legislative gridlock has sidetracked efforts not only to address pension needs but also to achieve fiscal balance, allowing a backlog of bills to approach $15 billion, or about 40% of the state’s operating budget. During the past year of fruitless negotiations and partisan wrangling, fundamental credit challenges have intensified enough to warrant a downgrade, regardless of whether a fiscal compromise is reached in an extended session. As the regular legislative session elapsed, political barriers to progress appeared to harden, indicating both the severity of the state’s challenges and the political difficulty of advocating their solutions. Extending the impasse, and the state’s embedded operating deficit of at least $5 billion (or 15% of general fund revenue) would signal further pressure on the state’s credit position. But the state’s credit could stabilize at the current level in the event of a political consensus that more closely aligns revenues and spending, without relying on unsustainable fiscal measures.
The downgrade to Baa3 for Illinois’ GO bonds is consistent with the state’s intensifying pressure from pension liabilities; by our calculation, the state’s unfunded pension liability (Moody’s adjusted net pension liability, or ANPL) for its five major plans in aggregate grew 25% in the year ended June 30, 2016, to $251 billion. The current rating also acknowledges intrinsic credit strengths, primarily the state’s sovereign powers over revenue and spending; a diverse and strong economic base with the long-term economic potential to provide for its liabilities, and statutory protections for bondholders, primarily requirements for monthly transfers in advance of semiannual debt service payment dates. During the past decade, the state’s governance framework has allowed practices that greatly offset these strengths. After eight downgrades in as many years, Illinois’ rating is an outlier among states, most of which are rated at least eight notches higher. The rating on the Build Illinois sales-tax revenue bonds is capped at the GO rating because of lack of sufficient segregation of pledged revenues from the state’s operating needs. The Met Pier and Civic Center program bonds are both rated a notch below the state GO bonds, because of the need for annual legislative appropriation of payments.
Rating Outlook
The state’s negative outlook is consistent with its potential for additional credit weakening because of a continuing political impasse that has left Illinois increasingly vulnerable to adverse revenue trends and severely underfunded retiree benefit plans.
Factors that Could Lead to an Upgrade
Implementation of a realistic plan to provide long-term funding for pension obligations
Progress in reducing payment backlog and adoption of legal framework to prevent renewed build-up of unpaid bills
Enactment of recurring fiscal measures that support expectation of sustainable, structural balance
Factors that Could Lead to a Downgrade
Continued increases in unfunded pension liabilities and indications of unwillingness to allocate sufficient resources to retiree benefits
Persistent and growing structural imbalance that pressures liquidity and increases payment backlog or bonded debt burden
Court rulings that increase the volume of payment obligations that are legally prioritized
Difficulty managing impact of any other adverse negative events, such as an unexpected economic downturn or reduction of federal Medicaid funding
Failure to enact legislation providing for timely payment of subject-to-appropriation debt
* If you’ve been to the Statehouse this week, you may have noticed that former Gov. Pat Quinn’s portrait is missing, even though it was unveiled back on May 8th…
* Several people asked me if I knew what was going on, so I reached out to Quinn’s people…
The artist thought some of the brushwork looked off in the light of the Capitol and is revising.
Let’s lighten things up a little.
* The Question: What “really” happened to the Quinn portrait? Put on your finest tinfoil hats and get to it.
What’s happening in Springfield is offensive to our values and to who we are as a state, and Bruce Rauner blames everyone but himself. The failure to pass a budget isn’t just about numbers. It’s creating real damage to people across Illinois especially those most vulnerable in our society. Thousands of women and children seeking refuge from violence are finding shelters either closed or with less availability than they once had. Substance abuse programs are at risk in the middle of an opioid and meth epidemic that’s ripping apart families and communities. Home care for seniors is in jeopardy. Access to mental healthcare is under siege. And with Donald Trump in the White House, now more than ever, we need leadership in our state that’s committed to fighting for the people of Illinois. None of us can afford to sit on the sidelines. We have to fight for what we believe in. That’s why I’m running for governor.
Narrator: JB Pritzker. Democrat for governor. Fighting for what’s right. Getting things done.
* Sen. Daniel Biss’ press release was pretty harsh…
“Politics have gotten in the way of progress for the people of Illinois. Neither Governor Rauner nor Speaker Madigan have showed a sincere desire to keep our schools open, to pay our bills on time, or to make sure the safety net stays in place.
That’s why I’m calling on Governor Rauner and Speaker Madigan to do something they’ve refused to do — sit down with each other, face to face, and hammer out a compromise. They need to do their job and end the pain they’ve caused. If they can’t, it’s more evidence that it’s time to replace both.”
* Chris Kennedy…
After more than 700 days without a budget, Bruce Rauner has turned a budget crisis into an economic catastrophe for Illinois. The situation that we are now in is the economic equivalent of circling the drain. Financial analysts are threatening that Illinois’s financial situation is approaching rock bottom. That’s what’s become of our state under Bruce Rauner. We need to demand accountability and reject a rigged system. Illinois needs a budget that reflects our values as a state and gives businesses and residents confidence that state government is financially stable and predictable. If I’m elected governor and I don’t balance the budget, I won’t run again, nor should I. That’s the level of accountability and honesty we need to show the people of Illinois.
* Ameya Pawar fundraising e-mail…
Today is the last scheduled day of the legislative session, and it appears there will again be no spending plan before lawmakers adjourn for the summer, leaving schools, universities and social service providers without many answers.
Gov. Bruce Rauner has failed to do the most basic function of a governor for two years in a row. With no budget on the horizon, Illinois is on the cusp of a third straight year in fiscal limbo while more and more businesses and families flee the state in search of stability.
This is how a billionaire plutocrat governs - pitting people against each other and leaving working families with scraps.
All Gov. Rauner is focused on is how to buy another election. While Ameya’s big money opponents crowd the airwaves and raise eight figure checks that could fund a small town’s budget, we’re running a people-powered campaign. And, thanks to supporters like you, we’re gaining momentum every day.
State Rep. Greg Harris, D-Chicago, whom Madigan appointed as a chief budget negotiator, will hold public hearings, with the first scheduled for June 8 in Chicago.
“Our plan is for the House, Democrats and Republicans, to work through the month of June, [to] continue to work on budget-making, working on a balanced budget,” Madigan said. “We will invite and will expect participation by all members of the House.”
The budget plan at hand, borne of months of bipartisan Senate negotiations, called for spending $37.3 billion fueled by $5.4 billion in tax increases. But Madigan said his members got skittish after watching a fickle Rauner during the Senate talks, allegedly often changing his mind on individual parts and pulling GOP members off votes while maintaining he was hands-off.
“Some of our people are concerned, having observed how the governor worked with the Senate Democrats, where he would negotiate, then back away, negotiate, back away,” Madigan said. “They just don’t have a high level of confidence in the way the governor has conducted himself.”
“A lot of folks have watched what has happened in the Senate, where they thought they had reached an agreement, and at the end of that agreement they found out the governor was pulling votes off the bill, and then attacking the very people who had worked on the compromise, voting for things he had previously supported.”
House Minority Leader Jim Durkin says it’s a pattern: Democrats can proclaim victory by passing a measure in one chamber, only for it to be ignored in the other – meaning it has no chance of becoming law.
Other measures that were part of the “grand bargain” are going to the governor’s desk, including bills that make it easier for local governments to consolidate (Senate Bill 3), that loosen state purchasing rules (Senate Bill , and one that would make way for Rauner to sell the James R. Thompson Center (Senate Bill 886), the seat of government in downtown Chicago.
“Despite all of these things along the way, where the governor was fighting us, where he was saying things to make us stop, promoting ideas that just aren’t accurate, or even putting out half-truths, I would go as far to say as lies about what we’ve done in the Senate. We acted responsibly,” Sen. Andy Manar, D-Bunker Hill, said.
The governor said negotiations stalled over term limits, local government consolidation, workers’ compensation and a property tax freeze.
“They know darn well where we are apart, what we need to do to cut, what we need to do to reform the system. The majority in the House knows darn well what needs to be done. They’re not doing it,” the governor said.
Rauner — who faces re-election next year — called reforms he wants to grow more jobs, as well as the property-tax freeze, “not partisan” and necessary. And he urged lawmakers to stay in Springfield and continue to negotiate on a budget deal.
Gov. Rauner: “I am going to demand that the Democratic majority [going forward] be here in Springfield and negotiate a compromise- a truly balanced budget with changes to fix our system…We could have and should have done this two years ago. You can’t find anyone in the State of Illinois who won’t say: ”We need property tax relief, our property taxes are too darned high.” Democrats in this state feel it just as passionately as Republicans…”
But he wouldn’t answer a question about whether he will call them back into town for a special session.
The couple knew the girl faced challenges, as she’d suffered neglect and abuse in former homes. For instance, she has reactive attachment disorder, where a lack of parental love and care renders a child with bonding difficulties.
“We tried our best to take care of her,” the mom says. “But we had lots of bumps in the road.”
The girl turned out to have other disorders, including psychoses that make her see hallucinations and hear voices. She’d steal from siblings and run away from home. Three times, the couple took the girl to mental health facilities. But the problems seemed to worsen.
She has been diagnosed as suicidal. “She will bang her head against a concrete wall, trying to give herself a concussion,” the mom says.
And she has been diagnosed as homicidal. “She has talked about killing me and how she would kill me,” the mom says.
So, last year the couple contacted The Baby Fold, a human-services agency in Normal that helps more than 1,000 children. Its services include residential treatment for children with severe mental and emotional challenges. It’s the only such treatment center in central Illinois, one of only two outside of a handful in Chicago and northern Illinois.
At The Baby Fold, the Washington girl (now 12) is under supervision 24-7, usually by two staffers — a level of care impossible at her home. Under treatment, the girl has been improving, with fewer outbursts. In fact, during visits, she gets along well with her adoptive mom.
As we’ve already discussed, The Baby Fold is closing its residential treatment center in a month because of the lack of a state budget.
She can’t afford the $200-plus per day her daughter needs for inpatient care and supervision. But the mom knows that if she signs the girl back over to the state, DCFS would have to cover the cost of moving her to a new treatment center. Nonetheless, such a move could mean the mom would never see her daughter again.
* And that doesn’t include community colleges and this…
WIU President Jack Thomas announced via email that the “University is delaying contract renewal notices to non-tenure track faculty (Unit B). This notice delays a decision on staffing levels for the Fall 2017 semester.” The 118 employees are being notified in writing.
The President explained, “Due to the unprecedented state budget impasse, Western Illinois University continues to consider fiscal adjustments.”
When I decided to run for governor, it was clear to me that Gov. Rauner and the GOP had nothing except the kitchen sink that they wanted to throw at the Democrats and particularly at me because Bruce Rauner’s afraid to run against me.
And, so, this is a nine-year-old tape that they are leaking in an attempt to distract from the fact that 700 days into this administration, into this failure of a budget, this governor has done nothing for the people of the state of Illinois.
He’s chosen to do this on the 700th day. A day when at the end of session it looks like we won’t get a budget for yet another year. So, Bruce Rauner having failed, the GOP having failed, this is their massive attempt to distract.
Pritzker said more about that later in the same media availability and then said much the same thing during another avail he had last night. Click here for that one…
It’s clear that Bruce Rauner and the GOP have nothing to run on, and so they are simply attacking… I knew when I decided to run for governor that they were going to throw the kitchen sink, that they were going to try to take down all the Democrats, particularly me because I think they’re mostly afraid of running against me in the general election. […]
So, what are they gonna run on? They can only run on trashing Democrats and introducing this idea of a nine-year-old leaked tape and attacking me.
We don’t ever talk about sourcing on these kinds of issues. I know the [Pritzker] campaign threw out a Bruce Rauner allegation. That’s not correct. I can say that. […]
This is Tribune reporting going back over … We have had routes for information on this case. I mean for me personally I’ve been protecting sources on this case back to 2006.
* I asked the Pritzker campaign if they still stood by the allegations that this story was leaked by Rauner and/or the GOP to “distract” people…
“This is a continuation of attacks Bruce Rauner and the ILGOP have already made and the leak happened to coincide with the 700th day of session, where the governor failed to pass a budget for a third year.”
So, they tightened it up a bunch and dropped the direct connection allegation.
* The Pritzker campaign does appear to have some legit beefs about the way this story was reported out. They say they were only given an hour to respond to the story and weren’t told that tapes even existed. The Tribune reporters, the campaign claims, wouldn’t even read them any excerpts from the Blagojevich conversations, which is why the campaign’s first response seemed so oddly off-topic.
The question remains as well whether a federal judge’s order sealing these tapes was somehow violated. Remember, this was a huge issue back in the day. Blagojevich kept demanding that the judge “Release the tapes!” and the judge wouldn’t do it. This was a private conversation that didn’t result in any charges or even any testimony and yet it’s now public.
I’m working in the gov primary for another candidate and am disgusted by this entire story. Nonpublic incidental collection should never be used for anything other than its intended purpose; that’s the entire reason the FBI is allowed to wiretap suspects. […]
This is the second time incidental collection from the Blagojevich trial has been used to embarrass a political target outside the investigation. People should be fired over this, and it’s disgusting nothing will happen.
The governor also held Democrats responsible for Thursday’s rating cut.
“Madigan’s majority owns this downgrade because they didn’t even attempt to pass a balanced budget, get our pension liability under control, and other changes that would put Illinois on better financial footing,” said Eleni Demertzis, a spokeswoman for Rauner. “The governor will continue working toward a truly balanced budget with changes to our system to grow jobs and provide real and lasting property tax relief.”
“Her comment is typical Rauner incompetence, and that’s too bad,” said Steve Brown, a spokesman for Madigan.
*** UPDATE 2 *** Pritzker campaign…
“A day after Bruce Rauner once again failed to produce a budget, the Illinois economy is already feeling the devastating impacts,” said JB Pritzker. “Under Bruce Rauner’s failed leadership, Illinois’ general obligation debt is now a step away from junk, the lowest ever for a U.S State. What we’re seeing is a state economy in shambles as state debt skyrockets and Bruce Rauner stumbles past 700 days without a budget. This will have long term ramifications for the economy of our state and it will take years to clean up Rauner’s mess. We need a governor who understands how to get results in Springfield and it is clear that Bruce Rauner will never be up to the job.”
*** UPDATE 3 *** Kelly Welsh, President, Civic Committee of The Commercial Club of Chicago…
“The failure of Illinois leaders to pass a budget has – as predicted – resulted in immediate action to downgrade state bonds. Once again, the State of Illinois debt backlog increases and taxpayers are on the hook for hundreds of millions of dollars in unnecessary debt payments, while schools and universities are put at risk and our communities suffer from deteriorating social services. With “Bringing Illinois Back,” the Civic Committee provided a sensible framework for resolving this fiscal crisis, which required change and compromise from our government leaders in Springfield. Their failure to act is inflicting serious damage on our state.”
*** UPDATE 4 *** Sen. Daniel Biss…
“Infuriating. Wall Street banks will now get even more of our tax dollars because Rauner and Madigan have failed again on the budget.”
Illinois had its bond rating cut to a step above junk by S&P Global Ratings because of the long-running political stalemate over the budget that’s kept the state from dealing with its chronic deficits.
The company warned that the rating could be cut again, which would make Illinois the first state since at least 1970 with a below investment grade. S&P said debt backed by state appropriations, including those issued by its sports authority, were cut to BB+, one step into junk.
“The rating actions largely reflect the severe deterioration of Illinois’ fiscal condition, a byproduct of its stalemated budget negotiations, now approaching the start of a third fiscal year,” S&P analyst Gabriel Petek said in a statement. “The unrelenting political brinkmanship now poses a threat to the timely payment of the state’s core priority payments.”
S&P Global Ratings lowered its rating on Illinois’ general obligation (GO) bonds to ‘BBB-’ from ‘BBB’. We also lowered our ratings to ‘BB+’ from ‘BBB-’ on the state’s appropriation debt, including bonds issued by the Illinois Sports Facility Authority and the Metropolitan Pier & Exposition Authority. Finally, we lowered to ‘BB-’ from ‘BB’ our ratings on the state’s moral obligation-backed debt. The ratings are on CreditWatch with negative implications.
“The rating actions largely reflect the severe deterioration of Illinois’ fiscal condition, a byproduct of its stalemated budget negotiations, now approaching the start of a third fiscal year,” said S&P Global Ratings credit analyst Gabriel Petek. “We placed the ratings on CreditWatch with negative implications because, in our view, the unrelenting political brinkmanship now poses a threat to the timely payment of the state’s core priority payments.”
We also believe that Illinois is now at risk of entering a negative credit spiral, where downgraded credit ratings would trigger contingent demands on state liquidity, further exacerbating its fiscal distress. Although CreditWatch typically has a 90-day time horizon, we anticipate resolving Illinois’ placement around the start of its 2018 fiscal year, which begins on July 1. If lawmakers fail to reach agreement on a budget with provisions designed to reduce the state’s structural deficit, it’s likely we will again lower the ratings. In our view, the ongoing budget impasse has increased the nonpayment risk associated with Illinois’ obligations that require a budget appropriation before they can be funded. We now view these payment obligations as having speculative-grade characteristics.
The ‘BBB-’ GO rating reflects our view of the state’s:
• Large and growing structural budget deficit now projected to top $7 billion (18% of expenditures) in fiscal 2018;
• Unpaid bills that have mushroomed to the equivalent of more than one-third of annual general funds’ expenditures;
• Elevated fixed costs and depleted budget reserves, the combination of which renders the state vulnerable to even more fiscal pressure when the economy enters a slowdown;
• Exposure to stepped-up interest costs related to variable-rate debt and swap termination payments tied to rating triggers;
• Distressed pension funding levels that will require substantial contribution increases in the coming years; and
• Inability to deliver adequate and timely funding for various important public services and institutions as a consequence of dysfunctional budget politics.
Partially offsetting these weaknesses is our view of:
• Well-established priority of payment for GO debt service established by statute;
• Ability to adjust certain cash disbursements to stabilize cash flow and to access substantial amounts of cash reserves on deposit in other funds for debt service, if needed, and for operations if authorized by statute;
• Deep and diverse economic base anchored by the Chicago metropolitan statistical area, though with a growth outlook that is expected to trail the nation’s through the next five years;
• Above-average income levels; and
• Substantial ability to adjust revenues, expenditures, and disbursements–albeit with a current lack of agreement on how to do so.
S&P Global Ratings lowered to ‘AA-’ from ‘AAA’ its rating on Illinois’ Build Illinois sales tax revenue bonds. The rating is on CreditWatch with negative implications.
“The rating actions reflect our view that, with the negative pressure on the state’s creditworthiness intensifying, the risk of interference with the flow of revenues pledged to the repayment of its Build Illinois sales tax bonds has increased,” said S&P Global Ratings credit analyst Gabriel Petek. “The CreditWatch placement reflects the likelihood that we would lower the rating further if the state’s general obligation rating were downgraded again.”
Our views are balanced against the fact that debt service, at about $325 million in fiscal 2017 and declining thereafter, is equivalent to less than 10% of the state’s structural budget deficit in its general funds. We continue to believe the state will adhere to legal provisions that insulate debt service on the bonds from its budget impasse. However, we believe the risk of a disruption is somewhat greater with the state’s overall fiscal condition experiencing more acute levels of distress.
The blame game quickly commenced. House Speaker Michael Madigan said Democrats will continue to work throughout June to “close the Rauner budget deficit.” House Democrats want to work “cooperatively” with Rauner, Madigan said, but many “just don’t have a high level confidence in how the governor has conducted himself.”
Rauner had vowed to veto a Democratic budget that included an income tax hike and sales tax expansion, but he nonetheless classified the House’s inaction on a spending plan as a “complete dereliction of duty by the majority in the General Assembly.”
“Please, members of the General Assembly in the majority, do not travel around the state holding sham hearings about a balanced budget,” Rauner said. “Don’t go through a process of just trying to create phony headlines around the state.”
Madigan’s decision not to hold budget votes Wednesday held some political benefits as he tries to protect a Democratic majority that’s kept him in power for all but two of the last 34 years.
Not only was Madigan able to sidestep the immediate pressure from some of his House Democrats to vote for a tax increase, but going into overtime also pushes GOP lawmakers to join in a solution or split the blame for the continued stalemate. That’s because starting Thursday, passing a budget will require at least some Republican votes to reach the three-fifths benchmark now required.
A House Speaker who has never really worked cooperatively with this governor claiming he has, and a governor who can’t cut a deal blames others for his inabilities. Not to mention a guy who constantly travels around the state ginning up phony headlines browbeating others for doing the same.
Illinois lawmakers late Wednesday approved a school funding reform measure, the first significant overhaul of the state’s system of funding public schools in decades.
The Senate gave final approval to Senate Bill 1 by a 35-22 vote. The House approved the bill earlier in the evening.
The legislation can now be sent to Gov. Bruce Rauner, where it faces an uncertain future. Republican lawmakers complained that the bill was changed in the House at the last minute to give hundreds of millions of dollars in additional money to Chicago schools.
The bill was the culmination of years of negotiating by Sen. Andy Manar, D-Bunker Hill. His goal was to change the school funding formula so that more state money is directed at the neediest school districts.
The General Assembly’s website has been down this morning, but the Senate Democrats filed a motion to reconsider the vote last night after SB 1 passed.
* I asked what the hold was about, and here’s their texted response…
Slow down the process and dial down the rhetoric in hopes of getting it signed by the governor who promised to overhaul state education funding.
I was also told that the hold would last only up to 30 days.ADDING: There was a miscommunication. The hold stops the 30-day clock to send legislation to the governor. It can be held indefinitely. I thought that was what was going on, but it was a late night and an early, hectic morning. Sorry.
Governor Bruce Rauner said Thursday that he would not sign an education funding reform bill that passed both houses of the Illinois General Assembly Wednesday night just before the legislative session ended. […]
“In its current form, absolutely not,” Rauner told the Chicago Sun-Times. “The amendment on there really amounts to an unfair-to-Illinois-taxpayers bailout of CPS.” […]
Rauner, however, said bills drafted by State Sen. Andy Manar, D-Bunker Hill, and Sen. Jason Barickman, R-Bloomington, should be used as a “base for a deal.”
“We were going down that road but then the majority in the House kind of hijacked the process, added a big addendum, a big amendment onto Manar’s bill with massive more financing for Chicago Public Schools. That’s not fair for the statewide taxpayers. So we’ve got to get that out,” Rauner said. “Within the context of the bills I think coming up with a balance that works for everybody and gets more resources for Chicago Public Schools, I’m supportive of that. So hopefully we can keep working to get it done.”
* I asked Senate President Cullerton’s spokesman for a response…
This is the kind of premature rejection from the governor we’re hoping to avoid. Hopefully, cooler heads will prevail.
* A Rauner campaign e-mail sent out last night entitled “What happened today”…
Today, Illinois Democrats made clear that their partisan agenda is more important than the future of our state.
Despite being given the opportunity to set our state on the right path, Democrats in the Illinois House and Senate refused to pass a balanced budget with real lasting property tax relief.
A 32% tax increase without real reform is not the answer. Illinois already has the highest property taxes in America. We have the 5th highest tax burden in the country.
I am writing to you tonight to make something explicitly clear to our supporters and our opponents: Team Rauner will never give up on this fight for reform.
Challenge the Democrats directly by committing to reform instead: sign our reform petition here.
Democrats sent a strong message to Illinois families this evening: they are willing to push our state further into debt and destruction just to continue the corrupt, self-serving agendas of Speaker Madigan and the Chicago Machine.
Illinois deserves so much better. If you agree, pledge your commitment here.
Choosing reform over the status quo is not easy, but with your help - we will bring back Illinois.
Your support is more important now than ever before.
[Signed]
Bruce Rauner
, and one that would make way for Rauner to sell the James R. Thompson Center (Senate Bill 886), the seat of government in downtown Chicago.
