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-- Connecting the dots between our economy, government and business --

-- CONNECTING THE DOTS BETWEEN OUR ECONOMY, GOVERNMENT AND BUSINESS --

Day: June 1, 2017

Chicago sees decrease in violence so far this year after long, bloody 2016 – ABC News

June 1, 2017 No Comments

There were 56 homicides and 257 shootings in the city in May 2017, down from 68 and 316, respectively, in May 2016, the Chicago Police Department said.

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Video: IL State Senator, Clueless About Bill He Sponsors, Blames Questioning On His Mexican Heritage – WP Original

June 1, 2017 2 Comments

Truth is, most of the rest of the legislature doesn’t know what the bill does either. It still passed. Same with most of what they rushed through this week.

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Senator suggests racism may be behind tough questioning on borrowing bill – INN

June 1, 2017 No Comments
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Chicago phone tax could rise by 28 percent to save pension fund – Chicago Sun-TImes

June 1, 2017 No Comments

Instead of $3.90 a month per phone number, Chicagoans would pay $5 per number. The increase flew in under the radar because it was tucked away into a broader telecommunications bill that covers funding for 911 emergency centers across the state. The bill is awaiting Gov. Bruce Rauner’s signature.

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City of Chicago fire brass warn they may quit ‘exempt’ jobs and return to ranks – Sun-Times

June 1, 2017 No Comments

The fire officials are seeking pension changes, expanded health insurance benefits and pay raises — and have been unable to persuade Mayor Rahm Emanuel and Fire Commissioner Jose Santiago to sweeten the pot for them.

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Illinois government workers who switch careers can lose big chunk of retirement savings – Illinois Policy

June 1, 2017 No Comments
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Moody’s downgrades Illinois GOs to Baa3 from Baa2 – Bond Buyer

June 1, 2017 No Comments
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Illinois is being sucked into a ‘negative credit spiral,’ warns S&P – CNBC

June 1, 2017 No Comments
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How the Hyperloop Could Transform the Midwest – Chicago Inno

June 1, 2017 No Comments

In the Midwest, a Hyperloop proposal is moving forward that would connect Chicago to Pittsburgh in just 47 minutes. Dubbed Midwest Connect, it’s part of call for proposals by Hyperloop One, a startup founded in 2014 that’s raised $160 million to bring Musk’s vision to life (though the company is not officially affiliated with Musk).

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Rauner won’t sign ed funding reform bill with $300 million for CPS – Chicago Sun-Times

June 1, 2017 No Comments
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Two good ways to kill the property tax insider’s game – Editorial – Chicago Sun-Times

June 1, 2017 No Comments
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Chicago bail-out masked as public safety fees on your phone – Illinois Leaks

June 1, 2017 No Comments
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Patronage play: Chicago mayors have appointed 28 aldermen in the past 28 years – Project 6

June 1, 2017 No Comments
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Illinois Bonds Cut to One Step Above Junk by S&P Over Stalemate – Bloomberg

June 1, 2017 No Comments

Lowest ever for a U.S. state.

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Berg: Madigan, Cullerton will hit the pension lottery – INN

June 1, 2017 No Comments

After just one year of retirement, Madigan’s annual pension will shoot up to more than $130,000. And it will continue to grow by 3 percent each year. This is unconscionable.

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S&P says Illinois various debt ratings lowered one notch on State’s deteriorating fiscal condition – Reuters

June 1, 2017 No Comments
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2/3 of homes underwater in some Illinois zip code areas – KTVI

June 1, 2017 No Comments

Parts of Riverdale, Dolton, Chicago and North Chicago.

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Ferguson urges Emanuel to seize moment, renegotiate union contracts – Sun-TImes

June 1, 2017 No Comments
Inspector General Joe Ferguson on Wednesday urged Mayor Rahm to seize a “generational moment for Chicago” — by renegotiating union contracts to cut costs and improve city services.
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6 things we still don’t know about the Obama Foundation – Crain’s

June 1, 2017 No Comments
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Six things Illinois lawmakers approved last night – Chicago Tribune

June 1, 2017 No Comments
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Illinois state lawmakers end spring session with no budget deal – Sun-Times

June 1, 2017 No Comments
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After Caterpillar, where does Peoria go from here? – JournalStar

June 1, 2017 No Comments

So what happens to a company town when the company leaves town?

That’s being pondered in Peoria after Caterpillar announced plans to move its world headquarters to the Chicago suburbs.

 

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Illinois House passes $15 per hour minimum wage bill – Northwest Herald

June 1, 2017 No Comments

It’s unclear what will happen if Senate Bill 81 makes it to Gov. Bruce Rauner’s desk. If other regulations are included, it’s possible Rauner will sign the bill

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Illinois fiscal collapse began long before the 2-year budget impasse – Illinois Policy

June 1, 2017 No Comments

Illinois’ budgetary mess preceded Gov. Bruce Rauner’s tenure, with years of gimmicks, borrowing and broken promises.

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Democratic lawmakers pass workers’ comp bill that GOP, business leaders call fake reform – INN

June 1, 2017 No Comments
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Lawmakers demonstrate once again why Illinois is getting poached – Editorial – Chicago Tribune

June 1, 2017 No Comments
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State taxpayers spend $40 million per year subsidizing Northeastern Illinois University (NEIU), but fewer than five percent of its students manage to graduate on time – Chicago City Wire

June 1, 2017 No Comments
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Human services brace for more cuts, tear into governor, legislators – Pantagraph

June 1, 2017 No Comments
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Illinois’ financial woes present risk — and opportunity — to muni bond investors – Investment News

June 1, 2017 No Comments
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Will Illinois Bondholders Suffer The Same Fate As Puerto Rico? – Seeking Alpha

June 1, 2017 No Comments
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Trade associations oppose Illinois workers comp bills – Business Insurance

June 1, 2017 No Comments
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No budget, but $15-an-hour minimum wage hike bill headed to Gov. Rauner – INN

June 1, 2017 No Comments
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-- CONNECTING THE DOTS BETWEEN OUR ECONOMY, GOVERNMENT AND BUSINESS --
-- CONNECTING THE DOTS BETWEEN OUR ECONOMY, GOVERNMENT AND BUSINESS --
Today: April 10, 2026
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