• RSS News – Lou Lang

    • This RSS feed URL is deprecated January 21, 2018
      This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news
    • Gambling expansion in Illinois no sure bet - The State Journal-Register January 14, 2018
      The State Journal-RegisterGambling expansion in Illinois no sure betThe State Journal-RegisterLou Lang, D-Skokie. “If this is going to be a viable legal business, we don't want to be behind 30 other states who have legalized it.” Lang, though careful not to stake out a position, said the legislature will likely hold committee hearings on the ...and more […]
    • Lawmakers to discuss legalizing sports betting - IllinoisHomePage.net January 9, 2018
      IllinoisHomePage.netLawmakers to discuss legalizing sports bettingIllinoisHomePage.netILLINOIS (WCIA) -- Look out sports fans, your team's next big win could get even more exciting. That's because the state may let you earn some winnings, legally. Lawmakers could be putting sports betting on the table. But the proposition has just been ...
    • Action Ridge group talks Equal Rights Amendment support in Park Ridge - Chicago Tribune January 9, 2018
      Chicago TribuneAction Ridge group talks Equal Rights Amendment support in Park RidgeChicago TribuneThe meeting, held by the local social outreach group Action Ridge, featured a presentation by Eden Nissani, outreach coordinator for Democratic State Rep. Lou Lang, a long-time sponsor of the Equal Rights Amendment bill in the Illinois House. Nissani ...and mor […]
    • State's Opioid Action Plan proposes solutions. But does it go far enough? - Belleville News-Democrat December 23, 2017
      Belleville News-DemocratState's Opioid Action Plan proposes solutions. But does it go far enough?Belleville News-DemocratSpeaking for the governor's office, Sanguinetti took issue with Lang's assessment. “We're hoping not to go the political route like it seems Lou Lang wants to,” she said. “There is enforcement, and we respectfully disag […]
    • Illinois Sports Betting Bill Surfaces As Interest Ramps Up Across The US - Legal Sports Report January 4, 2018
      Legal Sports ReportIllinois Sports Betting Bill Surfaces As Interest Ramps Up Across The USLegal Sports ReportWhat we know so far about the Illinois sports betting effort. H 4214 is just a placeholder bill for now, but the intent appears to be to fill it with language that would regulate sports wagering in the state. The bill, sponsored by Rep. Lou Lang ...
    • Illinois Legislature ethics commission under fire for neglecting complaints - Illinois News Network January 6, 2018
      Illinois News NetworkIllinois Legislature ethics commission under fire for neglecting complaintsIllinois News NetworkTerry Link, D-Vernon Hills, Chairman, state Rep. Norine Hammond R-Macomb, state Sen. Cristina Castro, D-Elgin, state Rep. Chad Hays, R-Catlin, state Sen. Michael Connelly, R-Lisle, state Rep. Lou Lang, D-Skokie, state Sen. Karen McConnaughay, […]
    • This Week In Sports Law: NFL Concussion Attorney Fees, Corey Coleman Sued, Brady's Agent's Conflict - Forbes January 7, 2018
      ForbesThis Week In Sports Law: NFL Concussion Attorney Fees, Corey Coleman Sued, Brady's Agent's ConflictForbesIllinois State Representative Lou Lang has filed a sports betting bill within the state that, like other states discussing such legislation, has no true effect on the ability to engage in sports betting unless there is a change first at th […]
    • What's happening in Park Ridge: Action Ridge meets to talk Equal Rights Amendment - Chicago Tribune January 2, 2018
      Chicago TribuneWhat's happening in Park Ridge: Action Ridge meets to talk Equal Rights AmendmentChicago TribuneAction Ridge, a Park Ridge-based group dedicated to social causes, will meet Monday to discuss the Equal Rights Amendment and how to support ratification in Illinois, the group announced. The meeting, which is open to the community, will take p […]
    • Ethics group under fire for 'neglecting' complaints - Jacksonville Journal-Courier January 7, 2018
      Jacksonville Journal-CourierEthics group under fire for 'neglecting' complaintsJacksonville Journal-CourierLou Lang, D-Skokie; state Sen. Karen McConnaughay, R-St. Charles; and state Rep. Arthur Turner, D-Chicago. In the three years of vacancy, dozens of complaints piled up. Porter recently told the commission that only 10 were valid. She suggested […]
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GOP Treasurer Rutherford Threatens to Force Illinois to Pay Higher Bond Interest Rates

(Springfield, IL) — Illinois’ treasurer cannot stop lawmakers from borrowing billions to pay the state’s backlog of unpaid bills, but he can make it more expensive — and that’s exactly what Dan Rutherford says  he plans to do.

“You can’t borrow anymore money,” said Rutherford. “And if I need to send letters to the rating companies to tell them the treasurer of Illinois is opposed to any more borrowing, I’ll go ahead and do that.”

Rutherford said alerting national rating agencies and bond houses could make it more expensive for Illinois to borrow. He said hopes that step would give lawmakers pause before asking for a billion dollars.

And while the state’s treasurer can only stop short-term borrowing, lawmakers are maneuvering to pass a measure through the General Assembly that would bypass any authority Rutherford has.

“I don’t have a vote on (the Senate plan),” said Rutherford. “If it’s long term, I can’t stop it.”

State Sen. John Sullivan, D-Rushville, said Republican and Democratic lawmakers must approve any borrowing, and Rutherford’s approach to handling Illinois’ massive pile of unpaid bills bothers him.

“Right now we’re using school districts, universities, private companies and health-care providers — we’re using them as our credit card,” said Sullivan. “They’re carrying that debt for us.”

Sullivan said he agrees with the treasurer that Illinois does not need to take on any new debt, but paying off old bills is taking care of old debt.

Lawrence Msall, president of the Civic Federation in Chicago, said unless Sullivan and other lawmakers cut state spending, all the borrowing in the world won’t erase the backlog.

“By borrowing instead of cutting, lawmakers are ensuring that there will be that much less to spend on schools and health care in the future,” Msall said.

The Civic Federation, which advocates for improvements in government efficiency and tax policy, according to its website, issued a report earlier this month that calls for state lawmakers to trim billions from the state budget.

Rutherford said he is not trying to issue threats or ultimatums with his anti-borrowing message; rather he wants lawmakers to know he is serious about ending the state’s “borrowing addiction.”

Benjamin Yount, Illinois Statehouse News

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