State of Illinois Archives: on Budget & Economy


Pat Quinn: Hardest Hit: affordable homeownership in Great Recession

Building the middle class means keeping families in their homes. Thousands of hardworking Illinois families were in danger of losing their homes in the Great Recession. But we worked to fight foreclosure and promote affordable homeownership.

We launched the Illinois' Hardest Hit program to help working families keep their homes. More than 11,000 families, in nearly every county, have received the foreclosure prevention support they needed.

We also launched Welcome Home Heroes to give military families an opportunity to buy a home after sacrificing so much to protect our freedom. Thanks to Welcome Home Heroes, 1,150 military families have accessed more than $140 million to help buy their homes.

And we haven't forgotten about our neighbors with developmental disabilities. That's why we financed more than 2,100 new supportive housing units to provide individuals with disabilities more choices in their communities.

Source: 2014 State of the State speech to Illinois legislature Jan 29, 2014

Pat Quinn: Restrain spending by $220B by Budgeting For Results

We have taken the first steps to stabilize our budget--with a comprehensive plan to restrain spending and reform state government. The first part of this plan is budget restraint--finding new ways to reduce unnecessary state spending. Since taking office, I have reduced our spending every year. No area is above review. Last year, we enacted a landmark pension reform law--the most far-reaching public pension reform in our nation's history.

Over the next generation, we will save the people of Illinois $220 billion. Our commitment to taxpayers is simple: we will only use tax dollars to provide necessary state services. All unnecessary state spending will be eliminated. We are looking at programs in a new way--saving taxpayer dollars while improving the services we deliver. This new approach is called 'budgeting for results'. The spending reductions and program reforms I am talking about today are the result of our budgeting for results process.

Source: Illinois 2011 State of the State Budget Address Feb 16, 2011

Alexi Giannoulias: Bush-Cheney policies bailed out banks & created crisis

The large banks that caused the near-collapse of the global financial system were bailed out by taxpayers and have used the money on bonuses for their executives.

Voters of Illinois will be faced with a clear choice: go back to the reckless Bush-Cheney fiscal policies Mark Kirk supported that cost this state hundreds of thousands of jobs and created the worst economic crisis since the Great Depression, or move forward to fundamentally change our economy and create the next generation of good jobs.

Source: 2010 Senate campaign website, AlexiForIllinois.com, "Issues" Dec 25, 2009

Dick Durbin: Doing nothing in economic crisis abdicates responsibility

Sauerberg didn’t mince words when asked why he wanted to change careers and go to Washington: “Ineptitude in government.”

Sauerberg said that other steps could have been taken to shore up the economy in the wake of a $700 billion rescue plan passed by lawmakers.

Durbin was quick to defend his vote in favor of last week’s economic rescue package. “The alternative was to do nothing and doing nothing I think would have been an abdication of responsibility,” Durbin said.

Source: 2008 Illinois Senate Debate reported in Chicago Sun Times Oct 7, 2008

Steven Sauerberg: Opposes $700 billion rescue plan

Sauerberg didn’t mince words when asked why he wanted to change careers and go to Washington: “Ineptitude in government.”

Sauerberg said that other steps could have been taken to shore up the economy in the wake of a $700 billion rescue plan passed by lawmakers.

Durbin was quick to defend his vote in favor of last week’s economic rescue package. “The alternative was to do nothing and doing nothing I think would have been an abdication of responsibility,” Durbin said.

Source: 2008 Illinois Senate Debate reported in Chicago Sun Times Oct 7, 2008

Barack Obama: Bush’s economic policies are not working

Obama believes that there is no such thing as a “jobless recovery.” When millions of Americans aren’t working, neither are the Bush Administration’s economic policies. As US Senator, Obama will champion policies that get our economy moving and people working instead of short-sighted tax-cuts for the rich that have failed to spark a recovery.
Source: 2004 Senate campaign website, ObamaForIllinois.com May 2, 2004

Barack Obama: Supports federal programs to protect rural economy

Our rural communities are the backbone of Illinois. Yet, factories have closed, jobs have disappeared, and homes and farms have been foreclosed upon. Effective federal programs are necessary to protect the rural economy.
Source: 2004 Senate campaign website, ObamaForIllinois.com May 2, 2004

  • The above quotations are from State of Illinois Politicians: Archives.
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Secy.Hillary Clinton(NY)
V.P.Joe Biden(DE)
Gov.Andrew Cuomo(NY)
Mayor Rahm Emanuel(IL)
Gov.Martin O`Malley(MD)

Republicans:
Amb.John Bolton(MD)
Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
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Gov.Jon Huntsman(UT)
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Rep.Peter King(NY)
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Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Rob Portman(OH)
Secy.Condi Rice(CA)
Sen.Marco Rubio(FL)
Rep.Paul Ryan(WI)
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Page last updated: Mar 29, 2014