Posted inOpinion

Pension reform proposals that might work

On Feb. 20, 2013, Rep. Lou Lang, D-Skokie, introduced HB 2375 which he described as “credible, comprehensive, constitutional pension reform legislation.” This constitutional proposal by Rep. Lang may act to the consternation of the many Illinois organizations which coalesced to defeat last November’s Constitutional Amendment 49. CA49 would have eliminated the Illinois Constitution’s protection of […]

Posted inOpinion

Tax gambling to fix the state budget

Gambling companies arguably owe the Illinois Treasury between $10 billion and $47 billion dollars. The Illinois legislative leadership needs to exercise its integrity and collect these billions of dollars. While an Illinois state senator during the 1990s and thereafter as a U.S. Senator, Peter Fitzgerald, R-Ill., repeatedly joined with a legislative minority to complain about […]

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Unlucky Article XIII cheats voters

The constitutional amendment to Article XIII on the November ballot is cleverly drafted to concentrate more monetary power in the same Springfield legislative leaders who have de facto bankrupted the Illinois treasury. With $83 billion in projected liabilities, Illinois has the nation’s largest state budget crisis. This “Unlucky Article XIII Amendment” is crafted to strip […]

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How safe is U.S. nuclear power?

John W. Kindt, a U of I business and legal policy professor, is an expert on environmental law who has studied the regulation of nuclear power since the 1970s. He discusses the future of nuclear power in the U.S. with News Bureau Business and Law editor Phil Ciciora. The head of the U.S. Nuclear Regulatory […]

Posted inOpinion

Video gambling is the new crack

Becoming law in July 2009, the Illinois Video Gambling Act allowed Illinois more gambling and more video gambling/slot machines (VGMs) than Nevada. This legislation permitted any licensed establishments pouring alcohol to have “mini-casinos” with video gambling — including not just bars, but also truck stops, restaurants, bowling alleys, airport lounges, entertainment parlors, fraternal clubs and […]

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