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Michael Madigan

A collection of news and information related to Michael Madigan published by this site and its partners.

Top Michael Madigan Articles

Displaying items 205-216
  • Emanuel urges lawmakers to enact pension reform

    Emanuel urges lawmakers to enact pension reform
    Chicago Mayor Rahm Emanuel was in Springfield Tuesday to testify on pension reform in Chicago. Emanuel was greeted by Democratic house speaker Mike Madigan and Republican leader Tom Cross as he arrived to testified to the house personal and pension...
  • Emanuel makes pension pitch at Capitol

    Emanuel makes pension pitch at Capitol
    SPRINGFIELD — Mayor Rahm Emanuel on Tuesday took the rare step of traveling to the Capitol to make a personal pitch for an overhaul of city government worker pensions, saying costs are out of control and the "day of reckoning has arrived." The...
  • Retired state employees could pay for health coverage

    Retired state employees could pay for health coverage
    House lawmakers moved today to reduce the $800 million annual cost of insurance for retired state workers by making them pay more for health care that some now get for little or nothing. The action unfolded as House Speaker Michael Madigan, D-Chicago,...
  • Michael Madigan tax clients unscathed in foreclosure debate

    Michael Madigan tax clients unscathed in foreclosure debate
    As home foreclosures tear apart neighborhoods throughout the state, an annual battle plays out in Springfield between the banking industry and community activists over how to deal with the damage. The banks always emerge largely unscathed. It happened...
  • When it came to pensions, state officials looked out for No. 1

    When it came to pensions, state officials looked out for No. 1
    A year after Emil Jones Jr. retired from the Illinois Senate in 2008, his annual pension jumped by more than 50 percent to $122,334 — far more than he ever earned as Senate president. Jones' good fortune comes courtesy of legislation he sponsored...
  • Good start. Now finish.

    Good start. Now finish.
    Faced with what he labeled a "rendezvous with reality," Gov. Pat Quinn has confronted Illinois legislators with an ultimatum: Reform runaway Medicaid and pension spending or subject the least creditworthy state in America to even more costly bond rating...
  • Public pensions deal in the works

    Public pensions deal in the works
    SPRINGFIELD — State government workers, teachers, university employees and lawmakers could see their annual pension increases scaled back but might not have to pay more toward their retirement or work longer under an emerging plan aimed at...
  • Illinois House panel votes to cut education funding by 4 percent

    Illinois House panel votes to cut education funding by 4 percent
    SPRINGFIELD — State funding for schools would drop nearly 4 percent under a measure a House committee approved today. The move comes as House Democrats and Republicans seek to address the state’s finances during a session where they’...
  • Pension reform opposition grows

    Pension reform opposition grows
    — Efforts to develop a plan for comprehensive reform of public employee pensions hit a snag Monday as opposition intensified over a provision to shift retirement costs for suburban and Downstate teachers onto local school districts. House Speaker...
  • Vote on controversial pension plan may come today

    Vote on controversial pension plan may come today
    A plan to reform Illinois' public employee pension system faces stiff new oppositIon.  The state is deep in debt because of its lucrative pension payments to teachers, among other unionized employees; now house speaker Mike Madigan is proposing to...
  • Illinois pension reform clears first hurdle

    Illinois pension reform clears first hurdle
    SPRINGFIELD — A pension reform plan that aims to save tens of billions of dollars surfaced at the Capitol today, but questions remain about a controversial provision to shift suburban and Downstate teacher retirement costs onto local school...
  • Improve the pension bill

    Improve the pension bill
    Tuesday morning, Illinois House Speaker Michael Madigan introduced his plan for salvaging the nation's worst-funded state pension system. Madigan's ninth-inning, take-it-or-leave-it approach creates some measure of momentum for his proposal in a General...