Former DuPage County Board chairman Bob Schillerstrom said Wednesday that he has formed an exploratory committee as he weighs a bid for the Republican state treasurer nomination.
Schillerstrom, 61, said his years of budgeting experience are well suited for the office, arguing Illinois cannot prosper again as its money woes persist.
“The fiscal philosophies that we are following clearly haven’t worked,” said Schillerstrom, a Naperville attorney. “We need some new ideas, some new philosophies, and that is one of my strengths.”
Schillerstrom contended that lawmakers should do more to pay down a multi-billion backlog of bills while at the same time reducing spending to allow for portions of the state income tax increase to expire as scheduled beginning in 2015.
The exploratory committee allows Schillerstrom to start raising campaign contributions. State Treasurer Dan Rutherford plans to run for the Republican governor nomination next year, creating an opening on the GOP statewide ticket.
In 2010, Schillerstrom ran for governor but his candidacy failed to gain traction. He withdrew from the race late but his name still appeared on the primary ballot. Schillerstrom endorsed fellow Republican Jim Ryan of Elmhurst, but the glut of DuPage candidates ended up costing state Sen. Kirk Dillard of Hinsdale the governor nomination by 193 votes.
Sen. Bill Brady of Bloomington went on to win the Republican nomination, but fell short in the general election to Democratic Gov. Pat Quinn.
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