Health & Fitness

Pension reform, tax cuts don't go hand-in-hand

ONE ISSUE AT A TIME, PLEASE Senate President John Cullerton has taken a lot of heat this week for stating in a radio interview that the state's pensions crisis isn't really a crisis. But lost in the dust-up over the semantics of the word "crisis" was Cullerton's assertion that the pension reform effort is all about cutting taxes in 2015. "The pension reform is about tax reduction. Not about the solvency of the pension fund or diverting money to spend more money on education,” Cullerton said. I beg to differ in my blog post today. In 1996, Illinois spent 3.6 percent of its state-generated, General Fund revenue on pension payments. This year, it's 24.3 percent. And headed upward. That's no way to prioritize government spending. Read it here.

PEER PRESSURE In the same interview, Cullerton said the city of Chicago without question faces a crisis because of its pension trouble. Mayor Rahm Emanuel has proposed a host of increases in fines to help stave off property tax increases and mass cuts to city services. One increase would make Chicago's cigarette tax the highest in the nation. Here's cartoonist Scott Stantis' perspective. Click to see the whole cartoon.

CASIMIR, ABE AND BLAGO We love Illinois and its many quirks. And sometimes you have to have a little fun with all of this. We've compiled 12 sure-ways to tell that you're an Illinoisan. We urge you to add your own in the comments! The list is here.

Find out what's happening in Palatinewith free, real-time updates from Patch.

WHITE HOUSE DOESN'T "LIKE" DURBIN POST U.S. Sen. Dick Durbin is in a bit of hot water over a Facebook comment he posted about the tense negotiations with Republicans during the government shutdown. Though Durbin and Obama are extremely close (it was Durbin who encouraged Obama to run for president), the White House isn't backing him up on this one. We sum it up here.

DO YOU BELONG? A group of researchers analyzed more than 1 million Americans' personality types to come up with personalities best matched to regions and individual states. Does your personality match Illinois? Take the quiz here.

Find out what's happening in Palatinewith free, real-time updates from Patch.

AROUND THE STATE Lots of news about taxes and pension reform today:

  • 5. Opinion: Contrary to what John Cullerton says, the pension crisis is indeed a crisis. (State Journal-Register)
    4. Bill Daley chimes in on why Archer Daniels Midland’s subsidy play is bad for business. (Chicago Tribune)
    3. Opinion: What has happened to the sense of urgency on the pension problem in Springfield? (Daily Herald)
    2. In an appearance before the Crain’s editorial board, Rahm Emanuel indicated he would support Pat Quinn for another term as governor, even if Emanuel’s friend Bruce Rauner wins the Republican nomination. (Crain’s Chicago Business)
    1. Mayor Emanuel outlined the proposed 2014 Chicago budget, but warned things could get worse if Springfield doesn’t pass pension reform soon. (Reuters)
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