Monthly state revenue growth weak again for Illinois – WP Original

  By: Mark Glennon*   The Illinois Commission on Governmental Forecasting and Accountability released its December report. As has been the trend, state revenues are not increasing materially, and in aggregate are down for the year.   Comparing December 2014 to December 2013, state tax and fee receipts increased by $103 million or 3.2%. However, transfers to the state from the Federal government declined by $20 million, or about 7.9%. In total, including various refunds, state receipts increased by $72 million or 2.2% compared to December 2013.   For the entire 2015 fiscal year to date (July through December 2014),

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Democrats pass special-election bill, cut term of Republican Comptroller in half – Sun-Times

http://chicago.suntimes.com/politics/7/71/273559/live-blog-illinois-lawmakers-begin-special-session/?utm_source=Chicago Sun-Times&utm_medium=email&utm_campaign=201588_HouseSpecialElection010815&utm_content=$LINK_KEYWORD$&dm_i=2JCP,4BJO,2KDDSB,95TF,1 So much for hopes that Democrats will work in good faith with the new governor. Republicans say they will sue. Who will represent the state? Mike Madigan’s daughter as A.G., of course.  

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This unsexy company was Chicago’s top tech stock of 2014 – Crain’s

Comment: Hat tip to local entrepreneur Ron Gavillet, who founded Neutral Tandem, now called Inteliquent. Ten years ago, he sat at his kitchen table and sketched out the idea for the company and its patents, which have helped bring down telecom costs for all of us. http://www.chicagobusiness.com/article/20150108/BLOGS11/150109934

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Winter in Chicago – The Economist

“Chicago’s homeless are being looked after…. But it would be so much better if there were far fewer who need emergency shelter.” via Winter in Chicago: Bracingly, bitterly windy | The Economist.

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Reports: Illinois could help boost struggling nuclear plants – A.P.

Illinois could help prevent Exelon Corp. from closing nuclear plants by adopting policies that penalize competitors that emit carbon dioxide, including coal-fired power plants, according to a report released Wednesday by several state agencies. http://www.sunherald.com/2015/01/07/6005187_reports-illinois-could-help-boost.html?rh=1

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Dick Durbin: Time to raise gas tax – POLITICO

Senate Minority Whip Dick Durbin, filling in as Democratic leader while Sen. Harry Reid recuperates from an exercise injury, offered the most enthusiastic endorsement from a congressional leader yet this year on raising the gas tax. http://www.politico.com/story/2015/01/gas-tax-senate-dick-durbin-114049.html

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