Pat Quinn News
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Illinois debt is rallying the most since 2011 as investors bet lawmakers will end two decades of inaction and pass a measure to fix the worst-funded U.S. state pension system.
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The Illinois legislative effort to repair the nation’s worst-funded pension system moved closer to a showdown as the Senate passed a restructuring measure endorsed by public-employee unions.
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The chairman of the Illinois Republican Party resigned today, four months after angering conservatives by supporting gay marriage.
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The Illinois House of Representatives approved a bill designed to repair the nation’s worst-funded pension system by raising contribution levels for state employees and delaying the retirement age.
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Texas Governor Rick Perry strutted into Illinois this week, hoping to convince employers to move south to the land of no income tax and less government regulation.
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Chicago Mayor Rahm Emanuel’s refusal to sell bonds for a $500 million renovation of Wrigley Field is poised to help extend a debt rally that has pushed the city’s relative borrowing costs to a four-year low.
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For governors cutting education and health care and going after public-sector employees to balance budgets, here’s a message from Illinois Governor Pat Quinn : You’re wrong. Not mistaken, not misinformed.
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Illinois Governor Pat Quinn presented a 2014 budget proposal that reflects the fiscal noose of underfunded pensions strangling education and other programs.
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Illinois Governor Pat Quinn vetoed a measure today that would have allowed casinos in Chicago and four other cities, calling it “a bad bill” for taxpayers.
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Illinois Governor Pat Quinn called on lawmakers to quickly resolve a growing pension crisis that has saddled the state with the nation’s worst credit rating and threatens to erode funding for education and other services.
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