An SEC Investigation?
- Another day. Another Republican governor taking potshots at Gov. Quinn and the whopping income-tax increase he helped implement this month.
New Jersey Gov. Chris Christie appeared in a series of ads that debuted Tuesday in Illinois media touting his state’s business climate and asking, “Had enough of outrageous tax increases?”
Christie’s jabs came on the same day it was learned that the federal Securities and Exchange Commission had opened an “inquiry” into cost-savings estimates from the Quinn administration from a 2010 pension-overhaul law.
- Quinn [...] downplayed the SEC inquiry, and an aide insisted the questions about $300 million in potential savings from last year’s pension-reforms, which raised the retirement age to 67 for new state workers, did not rise to the level of a formal investigation.
Labels: state politics