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John J Cullerton

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Top John J Cullerton Articles

Displaying items 111-121
  • Emanuel warns of looming city pension crisis in budget speech

    Emanuel warns of looming city pension crisis in budget speech
    Mayor Rahm Emanuel today unveiled a nearly $7 billion budget for 2014, but also focused on a year from now and warned what will happen if the city doesn't fix its pension system by then. “Should Springfield fail to pass pension reform for...
  • Illinois Senate concealed carry showdown: one up, one down

    Illinois Senate concealed carry showdown: one up, one down
    SPRINGFIELD — The Illinois Senate pressed for a compromise Tuesday to allow concealed weapons in Illinois, advancing a measure that would let Chicago keep local firearms laws like its assault weapons ban and rejecting a separate bill that would wipe...
  • Estimates show Madigan pension plan could save $187 billion

    Estimates show Madigan pension plan could save $187 billion
    SPRINGFIELD — New estimates released Tuesday indicate House Speaker Michael Madigan’s pension reform proposal would save more money over the next three decades than had been expected. Number crunchers turned in a final review that showed...
  • Illinois Senate soundly defeats Madigan pension reform plan

    Illinois Senate soundly defeats Madigan pension reform plan
    SPRINGFIELD --- The Illinois Senate tonight overwhelmingly defeated a major overhaul of the state's heavily indebted government worker pension systems, throwing into question whether cost-saving reforms will be approved before Friday night’s...
  • CPS pension holiday bill fails

    CPS pension holiday bill fails
    SPRINGFIELD --- A plan to allow Mayor Rahm Emanuel to skip a large chunk of Chicago Public Schools pension payments for two years failed today after Gov. Pat Quinn vowed to veto it unless lawmakers also approve comprehensive government worker pension....
  • Illinois credit rating lowered after pension reform failure

    Illinois credit rating lowered after pension reform failure
    SPRINGFIELD --- A major investor ratings service further lowered Illinois' worst-in-the-nation credit rating today following lawmakers' inability to agree on money-saving reforms to the public employee pension system. Fitch Ratings dropped Illinois...
  • William Daley blasts inaction on pension reform

    William Daley blasts inaction on pension reform
    SPRINGFIELD — Democrat William Daley says he is “stunned” the state failed to address the pension crisis in the spring session and indicated the legislative meltdown is moving him closer to announcing a decision on whether to challenge...
  • Quinn calls lawmakers into special session on pension reform

    Quinn calls lawmakers into special session on pension reform
    Gov. Pat Quinn today called lawmakers back into special session June 19 to deal with the public employee pension shortfall after another rating agency downgraded Illinois' credit rating. Given the wide philosophical divides between the House and Senate,...
  • Quinn says he'll meet Monday with leaders on pension changes

    Quinn says he'll meet Monday with leaders on pension changes
    Gov. Pat Quinn said today that he'll meet with Democratic legislative leaders Monday to try to find compromise on changes to a public employee pension system that's approaching $100 billion in debt. The governor indicated he spoke with House Speaker...
  • Comptroller says Quinn move means no paychecks for lawmakers

    Comptroller says Quinn move means no paychecks for lawmakers
    Comptroller Judy Baar Topinka said Thursday that she cannot issue paychecks to lawmakers unless they vote to overturn Gov. Pat Quinn's $13.8 million veto of their salaries or a court rules her office must pay out. The decision comes after weeks of...
  • Quinn vetoes gambling expansion as expected

    Quinn vetoes gambling expansion as expected
    SPRINGFIELD — Gov. Pat Quinn vetoed a major gambling expansion today in a move that's been long expected, but a new version will be surfacing soon. The new legislation once again would allow a casino in Chicago and four other sites around the...