The United States is facing a growing retirement crisis: the retirement income deficit - i.e., the difference between what people have saved for retirement and what they should have at this point - is at least $6.6 trillion. Today, 75 million working Americans do not have a retirement plan and half of all Americans have less than $10,000 in savings. Only one in five people has a defined-benefit pension plan, and half of workers have no plan at all.

To tackle this growing retirement crisis, Senate Health, Education, Labor, and Pensions (HELP) Committee Chairman Tom Harkin recently introduced the Universal, Secure, and Adaptable (USA) Retirement Funds Act. This major legislative initiative tackles the growing retirement crisis and aims to rebuild the private pension system. Harkin's legislation would create a new type of privately-run retirement plan that combines the advantages of traditional pensions?including lifetime income benefits and pooled, professional management?with the portability and ease for employers of a 401(k).

There is strong public support for reforming the retirement system. A recent study by the National Institute for Retirement Security found a majority of Americans agree there is a need for a strong, universal pension system, and 90 percent favor a plan that is available to all Americans, is portable, and provides a monthly check throughout retirement.

What Are Some of the Key Features of USA Retirement Funds?

  • Universal Coverage: USA Retirement Funds would be available to everyone, including the more than 61 million people without access to a workplace retirement plan and the 14.5 million people who are self-employed.
  • Automatic Enrollment:  Employees would be automatically enrolled at a rate of 6 percent per year, but could choose to raise, lower, or stop their contributions.
  • Secure Lifetime Income:  Benefits would be paid monthly for life, and participants would be shielded from market volatility and other risks.
  • Lower Costs: Pooled, professional management and risk sharing will reduce the cost of retirement by up to 50 percent.
  • Portability: People would be able to take their benefit with them as they change employers.
  • Simple and Easy for Businesses: Small businesses can easily participate and would not have to take on risk or undue administrative burden.

How Would USA Retirement Funds Address the Retirement Crisis?

USA Retirement Funds address the retirement crisis by ensuring that the 75 million working people without a retirement plan - including 61 million without access to a workplace plan and 14.5 million self-employed workers - would, for the first time, have the opportunity to earn a safe and secure pension benefit. USA Retirement Funds would drastically increase the retirement savings through automatic enrollment while reducing the cost of retirement by up to 50 percent. Together with Senator Harkin's Strengthening Social Security Act (S.567), USA Retirement Funds would put our country on a path toward restoring the "three-legged stool" of retirement security and ensure that every American has a pension, Social Security, and the opportunity to save.

Why Are USA Retirement Funds Good For Business?

USA Retirement Funds would be good for business because they would make it easy for employers - especially small business owners - to offer quality retirement benefits. Current retirement plans make employers responsible and liable for all of the management and administration of the plan. USA Retirement Funds would relieve employers of that burden because the funds would be run by an independent board of trustees. All employers would have to do is help their employees enroll and send along employee contributions. Employers could make voluntary contributions if they want.

Why Are USA Retirement Funds Good For The Economy?

USA Retirement Funds will help millions of people save for retirement. All of that new savings will be invested into the economy, creating growth and new jobs. Because the funds are long-term investors, they would be able to provide much needed "patient capital" for entrepreneurs and innovators.

More information on the bill can be found in the Bill Snapshot, Bill Summary, and FAQ.

Widespread Support for the USA Retirement Funds Act

The USA Retirement Funds Act has garnered support from a broad range of advocates and experts, including: the Service Employees International Union (SEIU); Center for American Progress; Economic Policy Institute; National Council of La Raza; Robert B. Reich, former Secretary of Labor; Denise Bowyer, Vice President of American Income Life and board member of the American Sustainable Business Council Action Fund; Pension Rights Center; National Hispanic Council on Aging; Latinos for a Secure Retirement; Latinos for a Secure Retirement; National Retiree Legislative Network; Alliance for Retirement Americans; United Auto Workers; National Institute on Retirement Security; National Conference on Public Employee Retirement Systems; National Council on Teacher Retirement; Wider Opportunities for Women; and Jobs with Justice.

For more information, please contact Kate Cyrul Frischmann ( Kate_Frischmann@harkin.) or Allison Preiss ( Allison_Preiss@help.senate.).

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Business Intelligence Expert Shares Tips for Using
Actionable Data to Gain the Advantage

Before the internet, small companies didn't stand a chance against the Goliaths, says Corrine Sandler, a globally recognized leader in business intelligence and market research.

That's because no war can be won without intelligence and, before the digital era, collecting actionable data and information about one's competitors, market and customers cost a lot more than most small businesses - the Davids - could afford.

"But today, the Davids are taking down the Goliaths," says Sandler, founder and CEO of Fresh Intelligence Research Corp., a global business intelligence company, and author of the new book, "Wake Up or Die" (www.wakeupordie.us), a comprehensive guide to the use of intelligence in the contemporary business environment.

"Thanks to the internet, the boutiques and startups have access to all kinds of free tools for gathering intelligence. They're also much more agile than the big corporations; they can make a decision and act immediately. That's essential in a marketplace where conditions change quickly."

In "Wake Up or Die," Sandler applies lessons from Sun Tzu's "The Art of War" - the 2,000-year-old military treatise penned by one of the greatest commanders in history - to the modern business economy. Sun Tzu held that the goal in any war is to win without ever entering into physical battle.

"By gathering actionable data and acting on it immediately, by using it to predict next moves and spot opportunities, small businesses can and are taking down the big ones without a drop of blood being shed," Sandler says.

She offers smaller business owners these tips for acquiring and using intelligence:

• If you lack resources, make use of free or inexpensive intelligence-gathering tools. Visit competitors' websites and collect data about them. Many businesses put a great deal of revealing information on their sites, which can benefit you. Also, make note of any changes on their sites. Google Alerts can tell you when they're releasing new products or expanding. Use Google analytics tools such as Google Hot Trends to tell you what's in the collective consciousness - potential consumer demand - at any given time. Google's key word tool will give you ideas for powerful key words in search terms, and use the traffic tool to measure global volume on those key words.

• Make intelligence-gathering part of your company's culture. From the manager who overhears a conversation in the grocery checkout line to the clerk obsessed with Twitter, every employee in your business is a potential intelligence resource. Encourage employees to pay attention as they interact with others outside the company. They may discover a nagging issue that no other company is addressing, allowing you to create uncontested market space. Or, you may learn critical information about a competitor that allows you to seize an advantage. Make intelligence gathering a company lifestyle.

• Appoint a Chief Intelligence Officer (CIO) to coordinate and analyze information from a variety of sources. In smaller companies, leaders tend to rely on pipelines of internal information provided by employees who don't understand how to use intelligence to make empowering decisions. That can render important data inactionable (unusable or simply not used). A CIO can oversee and coordinate the collection and analysis of intelligence, and brief you - the business leader - daily so that all data is actionable.

"What enables you to make smart, timely decisions is access to precise intelligence," Sandler says. "Your advantage, as a smaller business, is that you don't have the corporate processes and protocols that inhibit fast action.

"As Sun Tzu wrote, 'It is said that if you know your enemies and know yourself, you can win 100 battles without a single loss.' "

About Corrine Sandler

Corrine Sandler is the founder and CEO of Fresh Intelligence Research Corp, a global market research agency; international professional speaker and author of  "Wake Up or Die," (www.wakeupordie.us) a new book that applies lessons from Sun Tzu's ancient classic, "The Art of War," to contemporary businesses. Corrine's company was ranked No. 2 on Profit Magazine's list of top 50 fastest-growing companies, and Corrine has been on Profit's top 100 Female Entrepreneurs list two years in a row. With more than 20 years' experience, she has established a reputation for unparalleled consumer understanding and insight development working with Fortune 500 companies.

By Jason Alderman

On Valentine's Day, people's emotions run all over the map - some are head-over-heels and want to shower their loved one with gifts, while others are despondent because currently they have no one special in their life.

Whatever your love status, one thing everyone needs to guard against at this time of year is scams.

Valentine's Day brings out the best - and worst - in human behavior. Our impulse is to be generous and search for the ideal gift. Internet thieves know this and coolly set traps for unsuspecting shoppers. And, not surprisingly, dating websites experience greater activity, along with a corresponding increase in relationship scammers.

Here are some of the more common Valentine's Day scams to avoid:

Electronic greeting cards are popular year-round, especially near holidays. Scammers count on you not paying attention when you receive an email with an innocuous subject line like, "Someone you know just sent you an e-card."

Unless you're certain someone sent you an e-card, never click on links or follow instructions to download software to open the message. Chances are you'll load a virus or malware onto your computer, dooming you to receive endless spam or even endangering your personal and financial information.

Valentine's Day is the busiest day of the year for florists. Since many people now order flowers online, these purchases are a common target for fraud. A few tips when choosing a florist:

  • Make sure the physical location, contact information and fees for the florist who's actually fulfilling your order are fully disclosed.
  • Pay by credit card so if there's a problem you can dispute it with your card issuer.
  • If you receive an email saying there's a problem with your order, call the florist to make sure it's legitimate; don't click on any links - they could be malware.

Beware of emails and social media ads touting great deals on other Valentine's themed gifts like chocolates, jewelry or lingerie. Unless you've previously done business with a company that legitimately has your email address, be skeptical. Watch out for minor typos in the web address - www.macys.comm instead of www.macys.com, for example.

It's no coincidence that dating websites are busier during the winter holidays and leading up to Valentine's Day. Lonely people's defenses are lowered, making them vulnerable to online romance scams. Before they know it, victims are conned into sharing personal or financial information, or lending money - money they'll never see again.

I'm not saying don't pursue love online at legitimate dating sites. Just watch out for these warning signs:

  • They want to move your conversations off the dating site immediately and use personal email or instant messaging - the better to avoid policing by the site's Webmaster.
  • Their online profile sounds too good to be true. That's because they've probably shaped it to reflect your stated preferences. Or, conversely, their profile may be suspiciously sketchy on details or their photos don't seem genuine.
  • They profess love very quickly, even before you've spoken or met.
  • They claim to be a U.S. citizen working overseas - often in the military.
  • They make plans to visit, but are suddenly prevented by a traumatic family or business event - one which your money can overcome.

Bottom line: Don't let your emotions get the better of your common sense when it comes to matters of the heart. For more tips on spotting and reporting online scams, visit the Federal Trade Commission's website (www.ftc.gov).

CHICAGO - Governor Pat Quinn today announced an independent study has identified Illinois as having one of the most thriving private sectors in the nation. The report provides further evidence that the state is recovering steadily from the worst economic hardship since the Great Depression.

"We know that more jobs are needed and we are working to get them, but this report shows that our economy is getting stronger every day," Governor Quinn said. "We wouldn't see this business growth without our skilled work force, our great advantages in location and our culture of innovation."

The study by CareerBuilder and Economic Modeling Specialists Intl. found that Illinois ranks 3rd among the 50 states in growth of business establishments. According to the study, total establishments in Illinois rose by 18,000, or 5 percent, to 383,103, from 2009 to 2012.

The study found that for the three-year period through 2012, Illinois accounted for 14 percent of all net new business establishments in the country.

A copy of the report can be found at economicmodeling.com.

In his 2014 State of the State address, Governor Quinn laid out a five-year blueprint for jobs and economic growth in Illinois. The Governor's blueprint calls for three key things: creating more jobs, making early childhood education a top priority and building an economy that works for everyone.

Since recovery from the recession began in January 2010, Illinois has added 280,000 private sector jobs. Unemployment was at 11.3 percent at the height of the Great Recession and today it is at its lowest point in almost five years. Since last May, Illinois has led the Midwest in new jobs created. According to the Philadelphia Federal Reserve Bank, in the next six months Illinois is projected to have the best economic growth of the five largest states in America.

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AT&T Adding New Technicians and Retail Workers in Illinois

CHICAGO - Governor Pat Quinn today joined AT&T Illinois to announce the communications company's plans to create about 200 new jobs across Illinois. The jobs include retail staff and technicians. With unemployment at its lowest point in almost five years, today's announcement is a part of Governor Quinn's agenda to create more jobs and drive Illinois' economy forward.

"Illinois is a technology hub for the nation and we're thrilled that AT&T is creating 200 new jobs in our state," Governor Quinn said. "As Illinois' economy continues making a comeback from the worst recession since the Great Depression, AT&T's commitment to Illinois and our workers is another step forward."

"With these new jobs, Illinois and AT&T are moving forward together," AT&T Illinois President Paul La Schiazza said. "Through Project Velocity IP (Internet Protocol), AT&T has invested billions in Illinois over the past few years and through it we plan to invest even more in our wired and wireless broadband networks to help our customers get the most out of the internet economy of today and tomorrow. As consumer demand drives the transition to broadband communications infrastructure, modern policies are essential to allow Illinois to enjoy the full economic benefits of the broadband world."

The new jobs will be located in cities throughout Illinois, including Chicago, Aurora, Elgin, Buffalo Grove, Northbrook, Libertyville, Champaign and Springfield.  AT&T currently employs more than 14,000 workers in Illinois. Those interested in learning more about AT&T job opportunities or seeking to apply online can visit www.att.jobs.

International Brotherhood of Electrical Workers Local Union 21 (IBEW 21) President - Business Manager Paul Wright said he is pleased to see AT&T creating more jobs in Illinois. "Our partnership with AT&T to get updates to Illinois' communication law solidifies our relationship and demonstrates our Union's commitment to work with AT&T to create more union jobs while bringing broadband communications to more customers in Illinois," Wright said.

"We're pleased to learn about these new Union job opportunities at AT&T," Linda Hinton, Vice President of Communications Workers of America (CWA) District 4, said. "These Union jobs are important to working families in Illinois."

AT&T invested nearly $4 billion in its wired and wireless networks in Illinois between January 2010 and July 2013. Through Project Velocity IP, AT&T is expanding its 4G LTE wireless network ? a superfast mobile broadband network ? to cover 300 million people by the end of 2014.

Since recovery from the recession began in January 2010, Illinois has added 280,000 private sector jobs. Unemployment was at 11.3 percent at the height of the Great Recession and today it is at its lowest point in almost five years. Since last May, Illinois has led the Midwest in new jobs created. According to the Philadelphia Federal Reserve Bank, in the next six months Illinois is projected to have the best economic growth of the five largest states in America.

In his 2014 State of the State address, Governor Quinn laid out a five-year blueprint for jobs and economic growth in Illinois. The Governor's blueprint calls for three key things: creating more jobs, making early childhood education a top priority and building an economy that works for everyone.

About AT&T

AT&T Inc. (NYSE:T) is a premier communications holding company and one of the most honored companies in the world. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and internationally. With a powerful array of network resources that includes the nation's most reliable 4G LTE network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile Internet, AT&T also offers the best wireless coverage worldwide of any U.S. carrier, offering the most wireless phones that work in the most countries.  It also offers advanced TV service with the AT&T U-verse? brand. The company's suite of IP-based business communications services is one of the most advanced in the world.

or follow our news on Twitter at @ATT, on Facebook at

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Iowa Insurance Division Delivers a Motivational Money Message Using Educational Theatre

Minneapolis, MN (January 31, 2014) - Mad About Money II: Pay Yourself First returns to Iowa middle schools beginning February 3 to help students and their families create effective, life-long personal money habits.  Sponsored by the Iowa Insurance Division, the multimedia educational program is provided at no cost to participating schools.  The entertaining and inspiring program - featuring live, educational theatre performances by professional actors - also includes print and Internet curriculum for use in the classroom and at home.  The winter portion of the tour will travel to schools in counties throughout the state including:

Appanoose                 Jasper                      Polk
Benton                       Jefferson                   Poweshiek
Cass                          Johnson                    Pottawattamie
Clarke                        Jones                        Ringgold
Clinton                        Keokuk                     Scott
Decatur                       Louisa                      Story
Des Moines                 Linn                         Tama
Freemont                     Madison                  Wapello
Greene                        Marion                     Warren
Iowa                            Montgomery             Washington
Jackson                       Page                       Wayne

All the characters in Mad About Money II: Pay Yourself First are play by two experienced improvisational actors who play eight different characters in the 40-minute program that's performed for the entire school.  Students learn important lessons about their money management and buying habits through four comical and informative sketches, including:

  • Wages minus deductions equals take-home pay
  • Saving and investing always have some risk involved
  • Don't let advertisers make your decisions for you
  • What is "opportunity cost?"

The program is produced by The National Theatre for Children (NTC), and while performances and educational content are completely scripted, the shows themselves are built to incorporate moments of improvisation.  At the beginning of each scene, actors solicit information from the audience that is then humorously integrated into the show.  "Using humor to illustrate a particular point about money management is really powerful with this age group," says Craig Goettsch of the Iowa Insurance Division. "That's why we keep bringing these NTC programs back year after year.  It's never too soon to begin good money habits, and we want to expose these ideas to as many Iowa students as possible."

About the Iowa Insurance Division (IID)
The Iowa Insurance Division's mission is to protect consumers through consumer education and by effectively and efficiently providing a fair, flexible and positive regulatory environment.   This financial education program is funded not from tax revenues, but rather from investor education fund created with settlements between regulators and large brokerages houses, as well as a part of license fees for securities agents.  Additionally, the IID supervises all insurance business transacted in the state. The insurance commissioner grants permission to companies wishing to sell insurance in Iowa and has general control over all aspects of their business, from the forms they use to the rates they charge. The commissioner also serves as the administrator of the securities act which involves the licensing of brokerage firms and their agents, examining new securities offerings and investigating investment fraud cases:  www.iid.state.ia.us
About The National Theatre for Children
NTC is the largest touring educational theatre company in the world. Since 1978, NTC has successfully tackled one important issue after another including: financial literacy, electrical safety, water conservation, health care, smoking prevention, recycling, wise energy use, renewable energy, nutrition, and bullying prevention, (to name a few). Our educational outreach programs are entirely underwritten by corporate, non-profit and governmental sponsors who want to be associated with delivering healthy-living messages to students and their families. NTC performs approximately 7,000 times a year throughout the country, actively engaging 2.8 million students and parents through its programming: www.nationaltheatre.com

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We're looking for fun giveaway prizes from local attractions, restaurants and hotels that can be used to attract new eyes and more traffic to your business through our marketing campaigns.

Donations of admission tickets, hotel room discounts, gift certificates and more will help us market our area and your business to incoming visitors!

Prize donations should be anything that can be easily mailed to out-of-town winners. We would appreciate prizes that do not expire until 2015 or later.

For more information or to donate a giveaway prize:

David Breisch, Interactive Multimedia & Web Operations Manager

Quad Cities Convention & Visitors Bureau

1601 River Drive, Suite 110

Moline, IL 61265

309-736-6830

dbreisch@visitquadcities.com

Our Facebook page has great traffic

The Quad Cities Facebook page has almost 25,000 fans, and our posts regularly reach thousands of people from all over the country.

We'll be running regular contests and giveaway opportunities on our Facebook page and website throughout the next year. Prize sponsors will be recognized in the entry forms of related contests. We will also link to your Facebook page in our posts if possible.

Our contests get results

In October 2013, we ran a Fall Photo Contest on our Facebook page using the Offerpop social media marketing platform.

During the month-long contest, we:

  • tracked 2,976 unique visitors to the marketing campaign

  • added 570 new Facebook fans

  • generated 4,156 votes on photo submissions

Your prize donation will help us generate similar results in future online contests!

Entrepreneur Offers Tips on Finding Internships that Pave
the Way for Employment

With higher rates of un- or underemployment among college graduates in recent years, a national debate about the value of a college degree has gotten louder, especially as tuition continues to rise.

The slow economic recovery has hit young adults hard; in 2012, 44 percent of recent college graduates with a bachelor's degree were underemployed or working jobs that do not require an advanced degree, according to a report from the Federal Reserve Bank of New York. Other studies, including a recent one from the Center for College Affordability and Productivity, have had similar findings.

"There's no question that an advanced degree gives college graduates a tremendous leg up compared to those without one; those recent grads are working jobs non-college grads want - and graduates typically find good work soon enough. It's just a matter of how much of an advantage students demand right out of college," says Matt Stewart, an entrepreneur and spokesperson for College Works Painting, (www.collegeworks.com).

College Works Painting provides practical and life-changing business experience for college students who have shown potential for success. Interns operate their own house-painting business with hands-on guidance from mentors.

"Unemployment for our alumni is less than 4 percent; this kind of challenging yet fun student experience helps ensure a good career for college graduates right out of the gate," says Stewart, who offers tips for what students should look for in earning professional experience while still in school.

• Know what you will actually be doing. Interns tend to be eager to learn, wide-eyed and optimistic about gaining an internship somewhere. While simply being in a company's culture has some value, many businesses simply want students to do their lowest-level work. Grunt work, to some extent, is a fact of life in most professions, however, students probably aren't looking to gain experience in coffee-making or cleaning. Consider an internship that gives you real responsibility and provides experiences that will definitely come in handy in your future career.

• Consider the industry recognition of a company. While college is certainly worth the investment, it is costly and you want to get all you can out of the experience. Don't accept working for free with just any organization; think about how the name will resonate on a resume. If you can, get information on how other former interns fared at a company who would have you.

• For entrepreneurial students, real experience is crucial. If you're an artist, athlete, musician, theater major, English student or a STEM fields student, it's much easier to get real experience by simply doing what one loves. But for business majors and future entrepreneurs, getting experience often comes with a heavy price, including the loss of personal or family finances. Look for opportunities that provide guidance while allowing you to apply skills to real-life challenges such as budgeting, marketing, and managing employees.

About Matt Stewart

Matt Stewart co-founded National Services Group, which operates College Works Painting, SMJJ Investments and Empire Community Construction. Under the executive team's leadership, NSG has grown from a small Southern California business into a national leader in two industries and has been recognized as an entrepreneurial leader by Ernst & Young, the Orange County Business Journal, Inc., Entrepreneur and hundreds of other periodicals. Stewart has received a several awards, including the Excellence in Entrepreneurship Award from the Orange County Business Journal; was named "40 under 40;" and he has twice been a finalist for the Ernst & Young Entrepreneur of The Year Award.

Washington DC -- Americans United For Change President Brad Woodhouse made the following statement today regarding Exxon Mobil's $30+ billion haul in 2013:

"It's obscene that $30+ billion in profits counts as a bad year for Exxon, where the CEO gets paid twice as much in a single day as an average American family of four earns all year.  They have tripled their profits since 2002 while tripling what they charge us at the filling station.  Talk about income inequality - Big Oil companies are gorging on tax breaks, gouging us at the pump, and lobbying to kill the only competition in the marketplace: clean, American made ethanol.

"Instead of gutting the renewable fuel standard, the White House and Congress should protect and strengthen it so that we can depend more on homegrown, American energy and less on foreign oil."

 

Americans United for Change has been on the air with TV ads in Iowa and Washington DC underscoring the huge economic success story of the Renewable Fuel Standard and asking the EPA why it would fix what isn't broken.

 

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Introduces Five-Year Blueprint Centered on Jobs, Education and Fairness

SPRINGFIELD - Exactly five years after taking office during an unprecedented triple crisis of government corruption, economic collapse and financial instability, Governor Pat Quinn today delivered his 2014 State of the State, laying out a five-year blueprint for jobs and economic growth in Illinois. The Governor's blueprint calls for creating more jobs, making early childhood education a top priority and building an economy that works for everyone -with specific measures to get the job done.

"We inherited a perfect storm and repairing the damage that had been done over decades would not happen overnight," Governor Quinn said. "Over the past five years, we have rebuilt one hard step at a time and our economic recovery is strengthening every day. We've been getting the job done and Illinois is making a comeback."

"By following the steps I have outlined today- creating more jobs, investing in our children from birth to five and helping more workers join the middle class - we can create a stronger economy than ever before and reform Illinois for the next generation," the Governor said.

Under Governor Quinn's leadership, Illinois enacted a strong new ethics code, campaign finance reform, and a new constitutional amendment to allow voters to recall a corrupt governor. When the Governor took office, Illinois had not properly invested in our infrastructure in 10 years. Within 10 weeks, the Governor and legislature partnered to enact the largest infrastructure program in Illinois history. In addition, Illinois achieved marriage equality and historic budget reforms, including cutting spending by more than one billion dollars, overhauling Medicaid and accomplishing necessary and comprehensive pension reform that Moody's said "may be the largest reform package implemented" by any state in the nation.

The Governor's blueprint builds on the foundation laid over the last five years by focusing on jobs, education and fairness.

Jobs

At the height of the recession, unemployment was at 11.3 percent and is now at its lowest point in almost five years, but there's more work to do, including:

·         Reducing the LLC fee from $500 to $39 - the lowest in the nation - to encourage entrepreneurs to start businesses and put more people to work;

·         Establishing a Small Business Advocate to examine existing policies and proposals for their impact on the state's small businesses;

·         Doubling the number of MAP scholarships to help prepare more students have access to higher education;

·         Expanding our youth and young adult conservation corps to help low-income and at-risk youth gain valuable training and work experience;

·         Investing in BioHub, a new biotech center for start-ups that will take the industry to the next level; and

·         Doubling the investment in the Clean Water Initiative, a revolving loan program to help municipalities upgrade water and sewer systems while creating thousands of skilled jobs.

Education

In the last five years, we've made major progress in education reform. Parents are empowered with school report cards, teacher evaluations have strong benchmarks and performance is a priority over tenure. But there's more work to do. The Governor's five-year blueprint for education starts where it matters most: in early childhood.

 

Today the Governor laid out an innovative Birth to Five Initiative that focuses on three keys to a healthy child:

  • Connecting expecting mothers with prenatal care - While prenatal services are already available to expecting mothers, 25 percent of low-income mothers in Illinois are not receiving the prenatal care they need. This puts them at risk for low-weight babies with increased health risks that often lead to the need for taxpayer-funded services. Through the Birth to Five Initiative, the state will work with schools, hospitals, and faith-based organizations to connect mothers with prenatal services.
  • Providing access to quality early learning opportunities - In 2009, Governor Quinn established the Governor's Office of Early Childhood Development. As a result, we've secured federal grants from Race to the Top that allowed us to deliver high-quality early care and education programs. By properly investing in our existing early learning programs, we can change lives and save taxpayer money.
  • Ensuring parents have strong support - Family involvement during preschool is linked with stronger pre-literacy skills, math skills, social skills and positive attitudes. Over the next five years, the Birth to Five Initiative will help connect families to a range of services and training opportunities to support their child's education.

Fairness

A key component of the Governor's five-year blueprint is to build the middle class, strengthening the economy and ensuring all Illinois residents have the opportunity to pursue their dreams and reach their full potential.

Today the Governor laid out a series of proposals that focus on making our economy work for working families. These include :

  • Raising the minimum wage to at least $10 per hour, a measure that is the right thing to do for workers in some of society's most demanding jobs, who will then spend more in their local communities and help grow the economy;
  • Doubling the Earned Income Tax Credit to help working class families put more money in their pockets and support economic growth; and
  • Providing at least two earned sick days for every worker in Illinois, to help workers avoid that awful choice: dragging themselves from a sick bed to work, or losing a day's pay or even their job.

A transcript of the address as prepared is below and attached.

STATE OF THE STATE 2014

Illinois is Making a Comeback

President Cullerton, Speaker Madigan, Leader Radogno, Leader Durkin, Lieutenant Governor Simon, Attorney General Madigan, Secretary White, Comptroller Topinka, Treasurer Rutherford, members of the General Assembly, and distinguished guests: Good Afternoon.

I'd like to begin by recognizing two public servants who gave their full measure of devotion to all of us on Monday night.

Illinois Tollway worker Vincent Petrella lost his life doing his job.  Vincent was struck and killed on I-88 while helping a truck driver in distress. He served with the Tollway for 13 years. He leaves his wife Sandra and two young children behind. And we ask God to bless his immortal soul. Illinois State Police Trooper Douglas Balder was with Vincent that night.

At this hour, Trooper Balder is battling for his life at Loyola University Medical Center in Maywood.  We thank him for his ethic of service and we pray for his recovery.

Please join me in a moment of silence and prayer for Vincent Petrella and Trooper Douglas Balder. In Illinois we honor our heroes and we're grateful for their service.

I'd like to welcome two more Illinois heroes, Sergeant Brent Adkins and Sergeant Benjamin Griest of the Illinois National Guard.

Shortly after midnight on Monday, January 6, they answered the call. Multiple semis had jack-knifed and caused a pile-up on I-57 and I-70 near Effingham. The drifts were so thick and the snow falling so hard that even our snowplows could not clear the way and more than 400 motorists were stranded in wind chills of thirty below.

Sergeant Adkins and Sergeant Griest traveled from the National Guard armory in Mattoon through arctic conditions in the middle of the night with their wrecker in tow -- a military vehicle that can lift more than 10 tons. They cleared the road and rescued hundreds of people.

Thank you Sergeants, for getting the job done.

Just weeks earlier, many of our communities were devastated by deadly tornadoes. Eight people lost their lives and 2,265 lost their homes.

Six-year old Brevin Hunter, of Washington, Illinois, was one who lost his home. Brevin warned his mom to seek cover in their family's basement just moments before the tornado decimated their home. He saved her life. Brevin and his family are here today. Way to go, Brevin.

Today and every day, we all belong to Brookport, Gifford, New Minden, Diamond and Washington.

Emergencies test the preparedness and resilience of our government and our people. And we have been well tested. In the last five years, Illinois has been through 11 natural disasters. We've watched droughts plague our farmers -- the backbone of our economy.  We saw last April's pervasive flooding in 49 counties. We remember the tragic tornado in Harrisburg just two years ago.

Extreme weather is a reality with devastating effects and it demands our constant readiness. And each and every time, our state workers, our service members, and our first-responders have gotten the job done.

Now, natural disasters were not all that we managed in the past five years. Some disasters were of the man-made variety.

Exactly five years ago this day, I was sworn in as Governor, at Illinois' darkest moment. We were facing an unprecedented triple crisis of government corruption, economic collapse, and financial instability.

We had one former Governor in jail and another on the way to jail. Our economy had plunged into the worst recession since the Great Depression, brought to its knees by greedy and corrupt financiers.

And our financial house was on fire, set ablaze by decades of mismanagement and an utter lack of willingness to make the tough calls. Hardworking people in Illinois lost their jobs, their homes and their faith in those they had entrusted with their votes.

It was a perfect storm, and it left destruction in its path. We all knew that repairing the damage that had been done over decades would not happen overnight.

But over the past five years, we've rebuilt one hard step at a time. And we've been getting the job done.

Illinois is making a comeback.

First, we restored integrity to state government, passing a strong new ethics code, campaign finance reform and a new constitutional amendment to allow voters to recall any governor guilty of corruption.

When I took the oath of office, state government hadn't properly invested in our infrastructure in 10 years. Within 10 weeks, we passed the largest construction program in Illinois history. So far, we've built and repaired 7,595 miles of road, 1,311 bridges and 978 schools.

Five years ago Illinois did not guarantee equal rights to all couples. Our state did not even provide civil unions. Today we embrace full marriage equality -- it's the law of the land.

And unlike our predecessors, we've made the tough calls to balance the budget. We cut more than one billion dollars in state spending. We overhauled our Medicaid program to save taxpayers over two billion dollars.

And even as we took hard steps to return Illinois to sound financial footing, we did it with compassion, preserving the safety net to protect the most vulnerable.

We also accomplished comprehensive pension reform, something no governor or legislature had been able to do. Previous governors and legislators from both parties created the pension crisis. They did not make the required payments into the pension funds.

There was no fiscal accountability. And it led to a culture of instability shaking the confidence of taxpayers and businesses. Resolving Illinois' pension crisis was the tallest task of all. But together, we got the job done.

Since I took office, we have paid the full pension payment every year. We passed a historic pension reform law for new employees in 2010. And last year, we enacted necessary and comprehensive pension reform that Moody's said "may be the largest reform package implemented" by any state in the nation.

Thanks to all of you who voted yes. And a special thank you for the hard work of our legislative conference committee members:  Senator Raoul, Representative Nekritz, Senator Biss, Representative Senger, Representative Turner, Representative Zalewski, Senator Murphy, Senator Brady and Representative Tracy. And thank you, House Speaker Mike Madigan, Senate President John Cullerton, Leader Christine Radogno and Leader Jim Durkin.

It was hard. It was painful. And it took political courage. But together we got the job done. Today, we can tell the people of Illinois we stopped the bleeding. We turned the corner.  And Illinois is making a comeback.

But now, as we head into 2014, we know we have more work to do. That's why today I'm laying out a five year blueprint for jobs and economic growth in Illinois. It's a blueprint that builds on the foundation we have laid these past five years.

And it's a blueprint that recognizes that a truly strong economy relies not just on jobs, but also on fairness and inclusion. If we follow this blueprint, we'll do three things: create more jobs, deliver stronger education and build an economy that works for everyone.

JOBS

Of course, economic growth always starts with more jobs. And we've seen progress on this front. Since the recovery began in January 2010, Illinois has added 280,000 private sector jobs.  Unemployment was at 11.3% at the height of the Great Recession and today, it's at its lowest point in almost five years. In fact, since last May, Illinois has led the Midwest in new jobs created.

And two years ago, with the strong support of the Illinois Manufacturers Association and the Illinois Retail Merchants Association, we reformed our worker's compensation system...and our unemployment insurance system.  These reforms have saved hundreds of millions of dollars. But we know we have much more work to do.

Small businesses

And we'll start with a renewed focus on small business.  Three out of every four Illinois employers are small businesses. And in the last five years, we've helped them. Through our Advantage Illinois program, we've provided loans and investments to help small businesses grow.

One of them is AllCell, a battery manufacturer on the southwest side of Chicago. AllCell leveraged our programs to grow from 6 full-time employees to 40 in just four years and today they're exporting all over the world. AllCell's founder & CEO, Said Al-Hallaj is here today, and we salute him and all our small business owners. They're getting the job done.

But we should do more to support our small businesses, especially as they get started.  In Illinois, new businesses have long paid a $500 LLC fee when they open up shop.

Let's reduce this fee to $39 - the lowest in the nation- and provide a boost to our innovators. This small but important step will encourage entrepreneurs to start their business and put more people to work.

And we won't stop there. Today I'm issuing an Executive Order to establish a Small Business Advocate whose sole focus will be to examine policies and proposals through the lens of how they impact Illinois small businesses. Let's make life easier for our small businesses - and make sure small business always means big business in Illinois.

In the past five years, we've also worked to level the playing field for minority- and women-owned businesses. We established a new revolving loan program at IDOT thanks to the great work of Senator Mattie Hunter.  And we expanded contracting goals for these small businesses.

As a result, we've increased state contracts to minority and women-owned firms by nearly 60 percent since I took office - an increase of 1,921 contracts worth more than $120 million.  In the Metro East, African American businesses and workers helped build the new Stan Musial Veterans Memorial Bridge over the Mississippi River, which we'll soon dedicate.

They're getting the job done.

Infrastructure

Our businesses need modern bridges, highways, railroads, and water systems.  A sound infrastructure is critical to a strong economy. In the last five years, through our Illinois Jobs Now! Program, we've invested more than $31 billion into our infrastructure - and this has supported more than 400,000 jobs.

Thanks to these investments, we constructed the Morgan Street Bridge in Rockford.  We're building a wider Route 13 in Southern Illinois.  We're expanding John Deere Road in the Quad Cities. And construction is underway on the new Circle Interchange to relieve congestion on the Eisenhower, Kennedy, and Dan Ryan expressways.

After years of gridlock, we're moving forward on our plan to build a South Suburban Airport. And we're making the Illiana Expressway a reality, which will create thousands of jobs and strengthen our position as the largest inland port in the nation.

Through our Clean Water Initiative, we're investing more than $1 billion in clean water - and creating 28,000 jobs along the way. And these are good jobs: jobs for welders, cement masons, truck drivers, operating engineers, pipefitters, painters and carpenters.

Through these projects, we're replacing ancient water mains, upgrading sewers, and building wastewater treatment plants all over our state including in Pekin, Decatur, Kankakee, Rockford, Spring Valley, and Murphysboro.

To date, we've received 91 clean water applications.  And this year, we'll expand our Clean Water Initiative - and double this investment - to include critical stormwater and flood control projects. When it comes to creating the infrastructure we need for a strong economy, we've been getting the job done.

And there's more work to do.

Ready Workforce

We've also been making progress when it comes to preparing our workforce for 21st century jobs.  Just on IllinoisJobLink.com - our employment opportunity website -- there are more than 130,000 jobs available right now.

But many of these jobs require very specific skills. That's why preparing our workers for high-skill, in-demand jobs is a top priority. To help us fill those jobs, we've mobilized our education system behind our "60 by 2025" goal:  60% of our adult workforce with a degree or career certificate by the year 2025.

We've been exceeding our targets every year. Since 2008, our community colleges have grown the number of people graduating with degrees and career certificates by more than 30 percent. We've also expanded dual enrollment and early college opportunities for qualified students.

But we can't finish the job if deserving students aren't able to afford a college education. So, over the next five years - let's double the number of MAP college scholarships for students in need in Illinois.

Our MAP scholarship program currently helps 140,000 students go to college. Students like Shomarie Jackson, Adriana Rivas, and Howard Brown, who are here today.

By doubling the number of MAP scholarships, we can make sure deserving students in need are equipped to excel in the 21st century workplace.

Another way we prepare our young people to succeed is through workplace experience.  That's why we should expand our youth and young adult conservation corps.  This will help at-risk young people get a job and gain valuable training and work experience. Through these programs, our young people will develop important skills while doing necessary work in state and local parks and conservation areas across Illinois.

Now there's no question that our veterans already have strong skills.  And we're making sure those skills count here in Illinois. Last year, I issued an Executive Order mandating the assessment of military training against state licensing requirements.  Thanks to the work that followed that Order, we received funding from the National Governor's Association and in the coming academic year we will launch "Veteran Bridge Programs" for military medics to attain LPN degrees at Joliet Junior College, the College of DuPage, and Illinois Central College in Peoria.

Our veterans got the job done for us when they served in uniform.  And now we're getting the job done for them, making sure their training counts here in Illinois.

Part of our jobs strategy is investing in industries that are the future of a 21st century economy.  That's why we've invested in 1871, the digital hub in the Merchandise Mart that has grown over 200 start-ups and created more than 1,000 jobs -- in just two years.

And that's why now, we're going to invest in a new bio-hub for pharmaceutical, medical device, and health IT start-ups.  Our life science industry in Illinois has a $98 billion economic footprint.  And our new BioHub is going to drive even more economic growth.

And we should never forget that Illinois has always been a manufacturing hub.  Especially our auto manufacturers and their suppliers.

When I took office, Chrysler employed just 200 people at its Belvidere plant.  We partnered with Chrysler.  And now Chrysler employs more than 4,700 workers at that same plant.

Five years ago - Ford had just one shift at its plant on Chicago's south side, a total of 1,600 workers.  We worked with Ford, and now Ford has three shifts with more than 5,100 workers.

In the last year alone, we've promoted Illinois around the world and gotten results. After my trade mission to Canada, FER-PAL - a company that upgrades water systems - moved their North American headquarters to Elgin. After my trade mission to Germany, Rittal - an international manufacturer of IT and electrical enclosures - moved their North American headquarters from Ohio to Schaumburg.

After our meetings in Japan, Nippon Sharyo - a world-class high-speed railcar manufacturer - chose Illinois for their expansion. And after meeting with Denmark's Grundfos - the largest water pump manufacturer in the world - they moved their North American headquarters to Downers Grove.

That's more jobs and more opportunities for Illinois workers.

EDUCATION

Now, a strong economy also demands quality public education for all our students. That starts with good teachers.  Teachers change lives for the good.  In Illinois, we honor our teachers and we appreciate their hard work.

In the last five years, we've been getting the job done on education reform. Parents are now empowered with a report card on their children's schools. Teacher evaluations have strong benchmarks. And performance is prioritized over tenure. In fact, our reforms have become a model for the nation.

Governor's Birth to Five Initiative

But our unfinished job on education starts where it matters most: in early childhood.

Study after study has shown that high-quality early childhood education provides the best return of any public investment we can makemore than $7 for every dollar invested. That's why our state invests in programs serving our at-risk children, from birth all the way to kindergarten.

Since I've taken office, I've always fought to preserve early childhood education from radical budget cuts.  And we found a way to invest $45 million to build early education centers in high-need areas such as Dolton, Kankakee, and Cicero.

Our state actually leads the nation in the number of three year olds attending pre-school. But the status quo is not enough. Not even close.

The reality is, more than a third of our youngest and most vulnerable children don't have the opportunity to attend early learning programs before they enter kindergarten. And that's unacceptable. At-risk children who don't receive early childhood education are:

·  25% more likely to drop out of school

·  40% more likely to become a teen parent

·  50% more likely to be placed in special education

·  60% more likely to never attend college

·  And 70% more likely to be arrested for a violent crime.

Scripture tells us, "Where there is no vision, the people perish."  That's why today I'm calling for a bold Birth to Five Initiative that will be focused on three keys to a healthy child:  prenatal care, access to early learning opportunities and strong parent support.

This initiative actually starts before a mother gives birth to her child by ensuring that she has access to prenatal services throughout her pregnancy. The good news is that prenatal care is already available to expectant mothers with modest incomes through existing programs. Yet 25% of our low-income mothers are not receiving the prenatal care they need.

Children pay the price. Mothers who do not receive prenatal care are three times more likely to give birth to a low-weight baby which leads to increased risks for cardiovascular disease, diabetes, learning difficulties and poor development.

And taxpayers pay the price. The cost of a birth where the baby is low-weight is five times that of a normal birth. In addition to significant medical needs that eventually burden the system, these children often require early intervention services, remedial education, and grade repetition.  And they lose out on the opportunity to achieve their full potential.

Through our Birth to Five Initiative, over the next five years, we will work with our community partners?schools, hospitals, and faith-based organizations - to identify expectant mothers and connect them to prenatal services. We can ensure more children are born into the opportunities they deserve and we can save taxpayer money.

But we won't stop there. When the human brain is forming early in a child's life, it provides a critical window of opportunity to develop key academic, social and cognitive skills that will determine success in school and in life.

That's why the second pillar of our Birth to Five Initiative is to provide every child with access to quality early learning opportunities. This is especially important for our African American and Latino children.

Children like Cadence Marie Robinson, a five year old who I recently met when I visited Spencer Technology Academy on the west side of Chicago. She sat on my knee and told me she was getting ready for kindergarten.  And then she read the numbers on my business card to me - something she could do thanks to the Head Start program she attended.

With strong early childhood education, kids like Cadence are set on a path for long-term success.  We're really proud of you, Cadence.

We also see the importance of early childhood education in people like Christine Nicpon. Raised by a single mother in Chicago's Pilsen neighborhood, Christine's family struggled every month to make ends meet. Her mother always knew she wanted more for her children and, after seeing a flyer, she enrolled Christine in an early learning program.

Christine went to high school, then college and last year completed her Master's degree at the University of Chicago. Today, she's a fellow at the Latino Policy Forum and striving for a career in early childhood. Good job, Christine.

We already have the foundation in place for early childhood learning.  In 2009, I established the Governor's Office of Early Childhood Development.  And as a result, we secured federal grants from Race to the Top that are allowing us to deliver high-quality early care and education programs.

By properly investing in our existing early learning programs and making this a budget priority...we can transform lives and save taxpayer money.  But we can't stop there.  A parent is a child's first teacher. Moms and dads play the most important role in promoting the healthy development of their kids. But not all families are equipped with the information and support they need to create healthy learning environments.

That's why the third critical part of our Birth to Five Initiative calls for ensuring parents have the support and services they need. Family involvement during preschool is linked with stronger pre-literacy skills, math skills, social skills and positive attitudes.

Over the next five years, we'll connect families to a range of services and training opportunities to help them support their children's education. We'll expand our home visiting program and build on our innovative community partnerships in places like East St. Louis, Aurora, North Lawndale, and Marion.

Once our Birth to Five Initiative is fully implemented, mothers will be connected with prenatal care to ensure the healthy birth and development of their children. Children in Illinois will have access to quality early learning, starting at birth. And parents will have the tools to lead their children toward success in school, college, career and beyond.

Illinois can lead the nation in early childhood education. We have the foundation in place. Now is the time to get the job done for Illinois' littlest.

FAIRNESS

Giving our children the best start in life will lead to a stronger economy. But if our economy doesn't work for hardworking families, if it doesn't build the middle class, then our job is not done.

The foundation of a strong economy is a strong middle class. In Illinois, we believe that if you work hard and you play by the rules, you deserve a fair shake. Every person - no matter what challenges he or she faces - deserves an opportunity.

That's why a big part of our blueprint today is ensuring all Illinoisans have the opportunity to pursue their dreams and enter the middle class.

Housing

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.

And that's why we honor the example set by students of Downers Grove North High School.  They demonstrated last year what including everyone is all about. Anne Wagner, who has Down syndrome, missed her sophomore and most her junior years in high school when she was diagnosed with leukemia.  But her friends didn't forget her.

Her lifelong friend, Mary Doro, nominated Anne to be homecoming queen and the students of Downers Grove North voted for Anne Wagner, Homecoming Queen.  Anne and Mary:  We're proud of you.

RAISING THE MINIMUM WAGE

Building the middle class also means providing everyone with decent healthcare.  Today 144,000 more people have health coverage in Illinois who didn't have it one year ago.  And many more will find coverage in the coming year through GetCoveredIlliois.gov.  Thank you, Senator Heather Steans, Rep Sarah Feigenholtz, Rep Lisa Hernandez, and Rep Mary Flowers for your healthcare leadership.

This year, we really need to get the job done for our fellow citizens who are making the minimum wage of $8.25 per hour.

Our minimum wage workers are doing hard work. They're putting in long hours. Yet in too many instances, they are living in poverty. That's not right.  That's not an Illinois value.  And that's not a fair shake. This is all about dignity and decency.

So I said it last year and I'll say it again:  It's time to raise Illinois' minimum wage to at least $10 an hour.

Raising wages for workers who are doing some of the hardest jobs in our society is not just the right thing to do.  It's also good for our economy. According to the Federal Reserve, for every dollar increase in the minimum wage, workers spend an additional $2,800 in their local communities. Minimum-wage workers do not admire money in a bank vault.  They spend it quickly and locally, a shot in the arm to our Main Street businesses.

Let's get this job done and make our economy work for working families.

EITC

Another way to help our working families is the Earned Income Tax Credit...a tax credit that President Reagan once said was "the best anti-poverty, the best pro-family, the best job-creation measure" we could devise.

In the last five years, we've doubled this tax relief for Illinois working families.  And over the next five years, we should double it again. When more families enter the middle class, the economy grows.

Earned Sick Time

And one more thing.

43 percent of all workers in Illinois - more than 2.5 million people - have no right to a single earned sick day. Among our low-wage workers - the problem is even worse: 80 percent of low-wage workers don't receive any earned sick days.

We need to do something about this. We should provide at least two earned sick days for every worker in Illinois.

We need to help our workers -- especially our single parents -- avoid that awful choice:  dragging themselves from a sick bed to work, or losing a day's pay or even their job.

More than 70 years ago, President Franklin Delano Roosevelt said, "The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little."

This, too, is about dignity and decency. Let's get this job done for our working families.

CONCLUSION

Five years ago this day - I stood before you and I asked for your prayers. Illinois was in a state of emergency, and there was no quick exit. There were no easy solutions. Recovery would require tough medicine and unpopular decisions and it would take time. But by tackling hard issue after hard issue and never giving up, we are getting the job done.

Illinois is making a comeback.

The ratings agencies are sending positive signals for the first time in recent memory. The backlog of bills is going down. Unemployment is at its lowest point since the economy crashed.

And, according to the most recent Federal Reserve Bank report, in the next six months Illinois is projected to have the best economic growth of the five largest states in America.

Of course, we still have financial challenges ahead.  And we'll be talking about the best way to meet those challenges in the upcoming budget. But, the fact is our recovery is strengthening every day. And we're leading that recovery in a way that cares for working families.

Pope Francis has urged all of us to say "'No' to a financial system which rules rather than serves." No "to an economy of exclusion and inequality." No to a world in which "the powerful feed upon the powerless."  And the Pope is right.

Illinois is best served when we build and protect the middle class and when we open the door to those struggling to join it.

By following the steps I have outlined here today - creating more jobs, making early childhood education a top priority, and building an economy that works for everyone - we can create a stronger economy than ever before and reform Illinois for the next generation.

So I ask today for your partnership.

Together, we've weathered the worst man-made storm in our state's history.  We've led Illinois' comeback one hard step at a time.  We've worked to repair decades of damage.

And we're getting the job done.

Let's keep our shoulder to the wheel and finish the job.  Let's make the will of the people the law of the land.

Thank you.

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