Hmmm, there may be a correlation between taxes and unemployment .... let’s raise taxes AGAIN and see what happens? < /s>
State lawmakers send electric rate bill to Quinn
Updated: August 31, 2011 10:04PM
Legislation to raise electric rates to help pay to modernize Illinois power grid was sent Monday to Gov. Pat Quinn, who repeatedly has promised to veto it, while sponsors are confident they can override him if he follows through with his threat.
Its the latest battle over a bill that has raised the hackles of consumer groups because of rate increases they say are overly generous to utility companies and supporters of the measure contend are needed to finance a so-called modern Smart Grid that can monitor energy use and reduce waste. The $3 billion, 10-year plan also would give ComEd and Ameren money for basic infrastructure.