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Author Archives: MCFB

RECORD RETIREMENTS

Ahead of 2018 midterms, a record number of House Republicans are heading for the exits – perhaps seeing the writing on the wall of a possible wave election. Thirty Republicans will not seek re-election in November. The last exodus of this size came in 1994 when 28 Democrats left. (NPR)

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CHEAPER POWER?

The newly passed tax law could mean cheaper utility bills for consumers. Electric companies in several states – including Illinois – have announced plans to pass their tax cuts on to consumers through lower rates. State regulators say they’ll make sure that actually happens. (The New York Times)

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PROMOTION FOR REP. LAHOOD

U.S. Rep. Darin LaHood, a Republican from Peoria, has been appointed to the House Ways and Means Committee. The committee may be the most powerful in Congress, with jurisdiction over taxation, trade, tariffs and other revenue-raising techniques. The appointment is subject to approval by the House GOP conference. (Journal Star)

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STATE FAIR BUILDING REPAIRS

Another building on the Illinois State Fairgrounds needs emergency repairs to avoid a roof collapse. The Capital Development Board is seeking emergency repairs for Barn 13 – which is adjacent to the already closed Coliseum. (The State Journal-Register)

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TRUMP ADDRESSES FARMERS

Speaking to thousands of farmers Monday at American Farm Bureau Federation’s 99th Annual Convention, President Donald Trump pledged to help expand rural access to broadband and to work with Congress to get an on-time Farm Bill passed that protects crop insurance. (FarmWeekNow.com)

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#OIL PRICES UP

Oil rose further above $68 a barrel on Tuesday, touching its highest level since May 2015, supported by OPEC-led production cuts and falling U.S. crude inventories. (Reuters)

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MAXED OUT

Americans’ credit card debt hit a record in November, pointing to a more confident U.S. consumer but also flashing a warning signal of potential trouble down the road. (USA Today)

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DROPPING ENROLLMENT

For the past several years, Illinois has been losing more college students than any state except New Jersey. Last year, as higher education was starved by the state budget impasse, that trend continued. (NPR Illinois)

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Unified Carrier Registration Now Available

Registration is now available for the Unified Carrier Registration (UCR) effective January 5, 2018. The fees, normally due January 1 of each year, had been delayed until this point awaiting today’s Federal Register publication in which the fees are formally established. Fees for the registration year 2018 have been reduced below the previous level by… read more

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THE CLOCK IS TICKING

Congressional Republicans and Democrats are once again far apart on a government spending bill with just days to go before a partial shutdown. After Republican leaders met with President Trump over the weekend, there was no indication either side had budged on policy disputes tied up in the funding debate. (Bloomberg)

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