Thursday, 19 July, 2018

Illinois Ends Two-Year Budget Battle After Chemical Scare

Illinois Ends Two-Year Budget Battle After Chemical Scare Illinois Ends Two-Year Budget Battle After Chemical Scare
Preston Stone | 08 July, 2017, 00:12

The two-year budget stalemate in IL is finally over - but the state's daunting financial troubles haven't gone away.

- Supporters of the $36.1 billion budget plan say it is balanced, with $200 million more in revenue than spending.

Rauner, a billionaire Republican who had never held office, gained the governor's mansion in 2014 on a promise to "shake up Springfield". "Our options are this - or financial meltdown", said Andersson.

The House is set to convene this afternoon to vote on a budget bill vetoed by the Governor which would raise the both individual and corporate income taxes in the state.

The action eases some financial woes, but it's fueled by a permanent 32 percent increase in the income tax rate, raising $5 billion more annually, and it reduces spending by more than $2 billion.

The drama across the IL state capitol continued even as lawmakers gathered to cast their votes.

The situation is "immoral", said GOP Rep. David Harris of Arlington Heights. State law requires these owners awards to be paid even if the legislation doesn't fund them, and lacking state funding for the last two years, the awards have been deducted from tracks' purse accounts.

House representatives voted on Thursday to override Gov. Bruce Rauner's veto, ushering in higher income taxes along with a bit of fiscal certainty the state hasn't had since 2015.

Instead, the vote to override is "another step in Illinois' never-ending tragic trail of tax hikes", Rauner said in a statement.

"I was sent to Springfield to fix our problems, not to make them worse", Hammond said.

In a flurry of wide-ranging reaction after the vote, supporters of the measure - including Democrats, social agencies, labor unions and school-related entities - laid blame on Rauner for the long budget impasse and predicted the new measure will begin to fix the state's finances.

Illinois Ends Two-Year Budget Battle After Chemical Scare
Illinois Ends Two-Year Budget Battle After Chemical Scare

Lawmakers say their budget is just the beginning of what will be a long recovery.

The state's finances remain a mess, with over $15 billion in overdue bills because of the budget standoff. Two agencies gave IL some breathing room Monday after House votes over the weekend.

Opponents of the new tax and budget, generally political conservatives or business entities, blamed Madigan for the past two years' jolting political drama and predicted the tax hikes would ultimately worsen the state's economy.

"Only through true property tax relief, meaningful workers' compensation reform and a fair and equitable school funding reform model will IL have a strong foundation for future job growth and education excellence", he said.

Four House Republicans who originally had voted for the tax increase last week switched to the opposition Thursday, but their places were taken by four Democrats who crossed over after voting no last week.

A single person who earns $34,000 a year would pay an additional $382 a year.

Sadly, this tax hike is going to hurt ordinary Illinoisans. "We can do better", Frese said. "I'm glad the Illinois General Assembly did the right thing and overrode the governor's veto". We have accumulated more debt than any state. "I am confident voters will hold these politicians accountable for choosing Mike Madigan over the people of IL", he said.

The first-term governor and most of the Legislature are up for election in the fall of 2018.

The lottery recently put a $25,000 cap on winnings that the state would pay immediately, and pulled out of the multi-state Powerball and Mega Millions games, because it lacked spending authority with no budget.

That prompted a hazardous-material investigation, according to Springfield fire officials.

Recommended

loading...
  • Actress and internet star Stevie Ryan dead at 33

    Ryan killed herself in her home. 'I remember waking up and one Little Loca video had like 900 hits and I was like 'Oh, my gosh. The character was obsessively fawn over men on MySpace as well as how many friends she had on the social site.
    Venezuela Oil Price Below $40 for a 2nd Week

    Venezuela Oil Price Below $40 for a 2nd Week

    Forty-seven percent of the 15 oil market experts say there is more downside risk, but 40 percent say there should not be. The investment bank cited higher-than-expected production from Nigeria , Libya and a swift rebound in US shale output.

    Andy Murray Has A Hip Issue Ahead Of His Wimbledon Title Defense

    The defending champion pulled out of a planned warm-up match at London's Hurlingham Club due to a hip problem this week. However, his team are keen to play down prospects that Murray will pull out of Wimbledon .
  • Fed Minutes: Balance Sheet Reduction Likely In

    Fed Minutes: Balance Sheet Reduction Likely In "Couple Of Months"

    The strengthening job market left majority comfortable with raising a key short-term rate last month. Most Fed officials expected the economy's growth to rebound significantly in the second quarter.
    Congress alone is to blame for the opposition mess - Nitish Kumar

    Congress alone is to blame for the opposition mess - Nitish Kumar

    According to reports, Nitish Kumar had attacked Congress recently, saying it was not he who changed his ideology, but the party. Politics over Presidential election 2017 started after Kumar extended his support to the NDA candidate Kovind last month.
    Fielding Coach Sridhar Picks Ravi Shastri over Anil Kumble

    Fielding Coach Sridhar Picks Ravi Shastri over Anil Kumble

    The BCCI has already stated that Team India will get its new head coach before their tour to Sri Lanka beginning July 26. Shastri applied for the job a year ago after being team director between 2014-16.
  • Mother Arrested After Allegedly Killing Her Husband And Four Children — Georgia Stabbings

    Mother Arrested After Allegedly Killing Her Husband And Four Children — Georgia Stabbings

    The hospitalized girl was still alive Thursday afternoon, police said in a brief update on the case. The female suspect and male victim were parents to all of the children, police said.
    Wildfire north of Breckenridge prompts evacuations

    Wildfire north of Breckenridge prompts evacuations

    The Sheriff's Office encourages the public to comply with the evacuation order, which is in place for the safety of the public. The base of the ski resort, which includes hotels and restaurants, has not yet been evacuated.
    Merkel and Xi meet to lay foundations for G20 talks

    Merkel and Xi meet to lay foundations for G20 talks

    In its new manifesto the CDU/CSU refers to the relationship as Germany's most important "partnership" outside Europe. Both leaders have a lot to discuss, from the issues of refugees to the counter-terrorism measures.
  • Where is the India-China standoff heading?

    Where is the India-China standoff heading?

    The corridor, sometime referred to as the "Chicken's Neck", is a narrow slice of Indian territory squeezed between Bangladesh, Nepal, Bhutan, and China.
    Trump May Visit Ireland This Month

    Trump May Visit Ireland This Month

    The White House said Trump has calls scheduled Monday morning with German Chancellor Angela Merkel and Italian Prime Minister Paolo Gentiloni.
    Mika Brzezinski and Joe Scarborough Take on Trump and National Enquirer

    Mika Brzezinski and Joe Scarborough Take on Trump and National Enquirer

    "I get exhausted reacting to the president's constant use of Twitter , and I just think he needs to focus on the issues". Crazy Mika ", and claimed she was bleeding from a facelift upon her arrival to Trump's Mar-A-Lago resort at New Year's.

Illinois Suspends Powerball, Mega Millions Lottery Ticket Sales Illinois Suspends Powerball, Mega Millions Lottery Ticket Sales Lucy Rushing, who works at the Four Way Quick Stop in DeSoto, says until recently, lottery tickets sales were popular. Without a budget, the state lottery does not have authorization to pay out winners.

Barnier sets the price for hard Brexit Despite his ominous tone, Barnier stressed: "There is no punishment for Brexit". We can not let the single market unravel.

Wimbledon: Kerber advances as Federer and Djokovic's opponents retire Wimbledon: Kerber advances as Federer and Djokovic's opponents retire That equals 2008 for the most by men in the first round during the 50 editions of Wimbledon in the Open era. Djokovic, 30, controlled the match with a 6-3 first set before Kližan retired in the second set.

22 states remove border check posts to facilitate smooth changeover to GST 22 states remove border check posts to facilitate smooth changeover to GST There is already an inbuilt mechanism of anti-profiteering clause to ensure that GST benefits are passed on to the consumer. Earlier, Revenue Secretary Hasmukh Adhia also busted seven misconceptions regarding GST.

Transfer round-up: Leicester agree Iborra deal Transfer round-up: Leicester agree Iborra deal He is likely to compete with Nampalys Mendy for playing time alongside Wilfried Ndidi and Danny Drinkwater . Iborra is a defensive midfielder who is powerful in the air and can control the tempo of a game.

AirAsia X flight D7207 passengers: We saw sparks coming from the engine AirAsia X flight D7207 passengers: We saw sparks coming from the engine AirAsia X chief executive Benyamin Ismail said the pilot and crew took "swift action" to reassure passengers during the incident. In a statement AirAsia X confirmed a bird strike was the cause, adding: "Two bird remains were found on the runway".

Everton hope to announce signing of Burnley defender on Monday Everton hope to announce signing of Burnley defender on Monday Keane was reportedly hopeful of a return to former club Manchester United , but they opted to sign Victor Lindelof from Benfica. The Toffees may also conduct further business with Burnley this summer after reports talks have opened over striker Andre Gray.

'Provocative operations': US Navy sends warship into South China Sea 'Provocative operations': US Navy sends warship into South China Sea The initiative also says China has recently expanded its facilities on Triton Island to include the construction of a helipad. By sailing within 12 miles of the island, the US conducted what is called a Freedom of Navigation Operation.

Serge Ibaka sticking with Raptors, agrees to three-year, $65 million deal Serge Ibaka sticking with Raptors, agrees to three-year, $65 million deal Toronto has a lot of questions heading into the 2017-18 season, and they could regret not breaking up the team in this offseason. Overall in 2016-17, Redick averaged 15.0 points, 2.2 rebounds and 1.4 assists in 28.2 minutes over 78 games (all as a starter).

Andy Murray aims to be fighting fit for Wimbledon defence LAST YEAR: Murray beat Milos Raonic 6-4, 7-6 (3), 7-6 (2) for his second Wimbledon trophy and third Grand Slam title overall.

Barcelona star Messi weds childhood sweetheart Barcelona star Messi weds childhood sweetheart More than 150 journalists are also expected to cover the event, which will take place at 7pm local time. The pair already have two children together and have known each other since the age of five.

PH, China eye joint military drills to combat terrorism PH, China eye joint military drills to combat terrorism It requires our two militaries to further enhance their cooperation in this area. But as we pray, we have to put action to our faith or faith in our action.

Bournemouth sign Chelsea defender Nathan Ake for a club record fee Bournemouth sign Chelsea defender Nathan Ake for a club record fee The 22-year-old defender spent the first half of last season on loan with Eddie Howe's side and rejoins them on a long-term deal.

Former UVA All-American Brogdon named NBA Rookie of the Year Former UVA All-American Brogdon named NBA Rookie of the Year Now he moves forward as a valued piece of the core of a team that is a rising contender in the Eastern Conference. He scored a postseason career-high 19 points in Game 2, hitting seven of his 11 shots in the Boston loss.

IPhone Turns 10: A Look at the Past, Present and Future IPhone Turns 10: A Look at the Past, Present and Future The iPhone 4 received much praise, particularly due to the improvement in style with a body of stainless steel and glass. The folks over at OnLeaks and Tiger Mobiles claim to have gotten their hands on an iPhone 8 dummy unit.