Column: New speaker’s different style shows right out of gate – Champaign News-Gazette
Jim Dey: “Money, as they say, is fungible — it can be spread around to meet different purposes. Welch’s pension ploy might be good marketing. But Illinois voters are jaded enough by now to look with suspicion on any tax-hike plan, no matter how it’s presented.”
Speaker Welch wants Illinois to have a second go at a progressive tax scheme, this time committing the tax hike proceeds to pensions….which means it would help pay for Mike Madigan’s pension benefit of $149,000 a year.