Business & Economy
Schilling Supports Common-Sense Plan to Reduce the National Debt, Preserve Medicare PDF Print E-mail
News Releases - Business & Economy
Written by Andie Pivarunas   
Monday, 02 April 2012 07:48
Washington, DC – Congressman Bobby Schilling (IL-17) today released the following statement regarding the Path to Prosperity, the House of Representatives’ Fiscal Year 2013 budget proposal, which cleared the House today by a vote of 228-191:

“As I said last year when the 2012 Path to Prosperity was released – before our debt hit $15 trillion – folks in Illinois’ 17th District did not send me to Washington to continue down the road of failed economic policy, job loss, and reckless spending.  Neither side of the aisle and neither chamber of Congress is blameless for the financial crisis we are in, but all are responsible to lead us out.  

“As Winston Churchill once said, you can count on Americans to do the right thing once they’ve exhausted every other option.  And the right thing is to face this problem now, or face a bigger one tomorrow.  But believe it or not, it has now been more than 1,050 days since the Senate last passed a budget, and the budget proposal recently put forth by the President calls for more spending and more debt.  It just plain fails to address our staggering national debt, and it unanimously failed in the House last night.  

“My colleagues in the House and I refuse to sit on our hands and ignore the urgent need to modernize our government to prevent our debt from crippling our nation.  Our plan is about ending empty promises from a bankrupt government, and guaranteeing our kids and grandkids are left with a stronger America than our parents left us.   

“This budget proposal provides certainty for small businesses, reforming the broken tax code to make it simple, fair, and competitive.  It clears out special loopholes, and lowers tax rates to promote growth.  This budget proposal makes no changes to Medicare for those 55 or older – absolutely no disruptions for those in and around retirement – while saving Medicare for current and future generations.  Under the health care reform law, Medicare was raided $500 billion and an unelected, unaccountable board of bureaucrats was given the ability to cut Medicare even further.  Instead of this approach, our plan advances a bipartisan health care proposal that takes power away from government bureaucrats, and puts patients and their doctors in charge of their health care choices.  

“The House budget proposal presents Americans with a choice – we can sit on the sidelines with the Senate, continue borrowing and spending with the President, or make the bold decisions necessary provide certainty, create jobs, and preserve financial security for our ancestors.  While I may not agree with every proposal contained in the budget, I remain ready to make some bold decisions and right our course.”

 

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Harkin Bill a Big Step Forward for Our Middle Class PDF Print E-mail
News Releases - Business & Economy
Written by Katie Peters   
Monday, 02 April 2012 07:45

Iowa Senator’s Bill Will Help Rekindle Our Economy

To read the full column, click here.

Washington, D.C. — Today, as Sen. Tom Harkin (D-IA) introduces the Rebuild America Act, the Center for American Progress released a column finding that the bill is essential for helping restore our nation’s middle class. Sen. Harkin’s proposal combines a number of key elements—each of which would make a significant difference in the lives of everyday Americans—into a single, comprehensive bill that would go a long way toward strengthening a broad swathe of American families.

The American middle class is the heart of our economy and restoring its strength is key to getting the economy going again. A growing body of economic research indicates that a weakened middle class does not just hurt those who are losing ground, but rather it hurts all of us by stifling our country’s economic growth. The stated purpose of Sen. Harkin’s bill is “to rebuild the American middle class by creating jobs, investing in our future, building opportunity for working families, and restoring balance to the tax code.” To achieve this goal the bill unites together a wide range of policy proposals, including a number that the Center for American Progress champions. By bringing together a number of discrete elements under the framework of helping the middle class, the bill provides a coherent way of thinking about a number of policies that are too often viewed as separate and unrelated.

“Sen. Harkin recognizes that a strong and stable middle class is critical to America’s growth now and in the future,” said Neera Tanden, President of the Center for American Progress. “The Rebuild America Act tackles some of the most immediate challenges facing America’s economy today, ranging from the rising costs of colleges to stagnant wages to the shortage of skilled workers in key industries. By leveraging federal investments and encouraging key industry partnerships, this legislation would make great strides in helping to prepare America’s workers for the jobs of tomorrow and improving economic security for working families, while also restoring fairness to the tax code. Sen. Harkin has a long history of defending the middle class and I commend him for his continued leadership on these issues.”

The central elements of the legislation essential to rebuilding the middle class include:

  • Supporting great teachers. The College and Career Readiness Classrooms Act, the education portion of Sen. Harkin’s legislation, would make a major and timely investment in the teacher workforce of our nation’s schools. The bill requires that federal funds support effective models of professional development that are goal-driven and focused on college and career readiness for students, increase teacher expertise in subject areas, and are sustained, embedded in the work of the classroom teacher and the school, and conceived and implemented through collaboration with teachers and teacher organizations.
  • Preparing Americans for jobs of the future. The bill will provide community colleges with the funding they need to design training programs that are responsive to the local labor market, and will encourage industry partnerships that ensure the education and training provided is relevant to workforce needs.
  • Improving our infrastructure. The Rebuild America Act would increase federal infrastructure spending by more than $300 million over 10 years—investments that would go a long way toward improving our highways, bridges, transit, airports, school buildings, wastewater-treatment facilities, and energy grid.
  • Modernizing workplace standards. Sen. Harkin’s bill zeroes in on perhaps the two most important components of reform to help everyday American families juggle the demands of work and family—child care and paid sick leave. The bill would ensure that funds to states would improve the quality and availability of child care to families as well as support the skills and credentialing process of the workforce. Further, the legislation incorporates paid sick days as an important component of work-life policies to benefit working families.
  • Raising pay for middle-class Americans. Too many modestly paid, white-collar workers are largely unable to collect overtime due to unreasonably low income limits ($455/week). These limits render many workers earning more than about $24,000 per year ineligible for overtime. This cuts into these workers’ earnings and provides little incentive for firms to reduce workloads on overburdened workers by hiring additional workers. Sen. Harkin’s bill would raise this too-low cap and index it for inflation. The bill would also help workers join together to collectively bargain for better pay and working conditions by raising the fines for employers that violate the law and undermine worker rights.
  • Restoring fairness in the tax code. The Rebuild America Act restores fairness and fiscal responsibility to the tax code by instating the “Buffett Rule,” which ensures that no millionaire pays lower taxes as a share of income than middle-class families. It also addresses the unfairness of taxing investment income more favorably than wages by raising the top rate on capital gains, which are received overwhelmingly by the richest Americans, to 25 percent. The bill requires ending tax breaks that reward the offshoring of jobs and asks Wall Street to contribute its fair share through a “financial crisis responsibility fee,” and through the enactment of a modest financial-transactions tax.

To read the full column, click here.

The Rebuild America Act unites together a wide range of policy proposals, including many championed by CAP and detailed in the following policy briefs and reports:

 

To speak with a CAP expert, please contact Katie Peters at 202.741.6285 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

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Blackhawk Hills Economic Development District Celebrates 20 Years PDF Print E-mail
News Releases - Business & Economy
Written by Theresa Wittenauer   
Monday, 02 April 2012 07:39
March 27, 2012

ROCK FALLS, IL – Blackhawk Hills, a not-for-profit corporation based in Rock Falls, is
celebrating 20 years of helping communities undertake regional development and planning
issues. Blackhawk Hills was designated as an Economic Development District (EDD) by the
Department of Commerce’s Economic Development Administration (EDA) in March 1992 and
functions as the region’s direct link to the EDA.

Through the EDD, Blackhawk Hills assists local governments and public entities in acquiring
funds for a variety of community development and planning activities, including the construction
of infrastructure for the enhancement and expansion of business and industry. In addition, the
EDD helps develop and implement a regional Comprehensive Economic Development Strategy
to improve job opportunities and quality of life for local communities.

According to Theresa Wittenauer, Economic Development Coordinator for Blackhawk Hills,
"The establishment of the EDD 20 years ago put our six county region in the preliminary
position to begin coordinating projects and collaborating on issues that impacted our entire
service area. Today, forming partnerships and promoting development at the regional level has
become vital to the growth and sustainability of our rural communities. Leaders have realized
that what happens in one county or community will ultimately impact the surrounding region."

Blackhawk Hills services include community planning, development assistance, natural
resources conservation and protection support, and grant writing and administration. Blackhawk
Hills serves Carroll, Jo Daviess, Lee, Ogle, Stephenson, and Whiteside counties in northwest
Illinois.

Questions about Blackhawk Hills may be directed to Theresa Wittenauer at (815) 625-3854 or
This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

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Statement From Governor Pat Quinn on Senate Passage Of Hiring Veterans Tax Credit PDF Print E-mail
News Releases - Business & Economy
Written by Andrew Mason   
Monday, 02 April 2012 07:25
SPRINGFIELD – March 28, 2012. Governor Pat Quinn today released a statement regarding the Illinois Senate passing Senate Bill 3241, which provides up to a $5,000 tax credit for unemployed, post-9/11 Veterans

“I applaud the Senate for unanimously passing the Hiring Veterans Tax Credit to help our veterans find jobs. Encouraging employers to bring our heroes into the workplace will create jobs and grow our economy. I urge the House to act swiftly on this bill and welcome our Veterans home with the good jobs they deserve.”

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MCLAUGHLIN SUBARU RECIVES SUBARU OF AMERICA 2012 SUBARU STELLAR CARE AWARD PDF Print E-mail
News Releases - Business & Economy
Written by Carol Slaughter   
Tuesday, 27 March 2012 14:25
-Award Recognizes Dealer Excellence in Customer Service -

Cherry Hill, N.J. – 3/19/12 Subaru of America, Inc. today announced that McLaughlin Subaru of Moline, IL is one of an elite group to be a recipient of the prestigious Subaru Stellar Care Award.

Developed by Subaru of America in cooperation with Subaru dealers, the Stellar Care program focuses on delivering an excellent ownership experience to Subaru customers. The program has as its focus that developing positive, long-term relationships with  Subaru customers is a fundamental part of daily business for a Subaru retailer.

Subaru dealers must dedicate significant time and resources to the customer experience throughout the year. Performance measures for the program range from participation in all customer-focused Subaru programs to maintaining a customer-friendly, inviting facility. Dealers must also achieve outstanding satisfaction scores for all key areas in Sales and Service.

McLaughlin Subaru is located on John Deere Road and 41st St. Moline, IL . For more information, the dealership can be contacted at 309-797-5654 or at qcsubaru.com

About Subaru of America, Inc.
Subaru of America, Inc. is a wholly owned subsidiary of Fuji Heavy Industries Ltd. of Japan. Headquartered in Cherry Hill, N.J., the company markets and distributes Subaru Symmetrical All-Wheel Drive vehicles, parts and accessories through a network of more than 600 dealers across the United States. All Subaru products are manufactured in zero-landfill production plants and Subaru of Indiana Automotive Inc. is the only U.S. automobile production plant to be designated a backyard wildlife habitat by the National Wildlife Federation. For additional information visit www.subaru.com.

 
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