Happy New Year to my Democratic friendsWelcome Democrats and Progressives
We are working to provide a directory of all Democratic organizations in Illinois. The state consists of counties, townships and both federal and state congressional and state senate districts. Each has their own set of Democratic organizations. Additionally we have advocacy, candidate and college organizations.
Do you know of an organization not listed in our directories?
Free websites for qualified Democratic organizations in Illinois!
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Our Endorsements
The IL-Democrats.org staff are proud to publish the following candidate endorsements. Note: We are a group of private individuals and are not affiliated with the ILLINOIS STATE DEMOCRATIC party.
US Senate: Alexi Giannoulias (D) - State Treasurer & Ex-Banker WWW.ALEXIFORILLINOIS.COM
Governor: Pat Quinn (D) WWW.QUINNFORILLINOIS.COM
Lt. Governor: Terry Link (D) - State Senate Majority Whip & Businessman WWW.LINKFORILLINOIS.COM
Atty General: Lisa Madigan (D) WWW.LISAMADIGAN.ORG
Secretary of State: Jesse White (D) WWW.JESSEWHITE2010.COM
State Comptroller: Clint Krislov (D) - Attorney, ‘96 US Sen. Candidate
State Treasurer: Robin Kelly (D) -
WWW.ROBINFORTREASURER.COM
Health Insurers Bilked Patients Of Billions Of Dollars: Senate Report
“… a scheme by health insurers to defraud consumers by manipulating reimbursement rates.”
Senate Panel Hears of Health Insurers’ Wrongs, Ex-Insider Testifies to ‘Fear Tactics’
By David S. Hilzenrath
Washington Post Staff Writer
Thursday, June 25, 2009
Health insurers have forced consumers to pay billions of dollars in medical bills that the insurers themselves should have paid, according to a report released yesterday by the staff of the Senate Commerce Committee.
The report was part of a multi-pronged assault on the credibility of private insurers by Commerce Committee Chairman John D. Rockefeller IV (D-W.Va.). It came at a time when Rockefeller, President Obama and others are seeking to offer a public alternative to private health plans as part of broad health-care reform legislation. Health insurers are doing everything they can to block the public option.
Read more
Grundy County Democrats WEBSITE Launched!
Congratulations to the Grundy County Democratic organization on the launch of their new website!
Republicans Seek to Block Obama’s plan on tax loopholes
Republicans Seek to Block Obama’s plan on tax loopholes
WASHINGTON – President Barack Obama promised sternly on Monday to crack down on companies “that ship jobs overseas” and duck U.S. taxes with offshore havens. It won’t be easy. Democrats have been fighting — and losing — this battle since John F. Kennedy made a similar proposal in 1961. Obama’s proposal to close tax loopholes was a reliable applause line during the presidential campaign, but it got a lukewarm response Monday from Capitol Hill.
Sen. Max Baucus of Montana, the Democratic chairman of the Senate Finance Committee, said the plan needed further study, even though similar ideas have been around for years.
The president’s plan would limit the ability of U.S. companies to defer paying U.S. taxes on overseas profits. At the same time, Obama would step up efforts to go after evaders who abuse offshore tax shelters.
Obama said his plan would raise $210 billion over the next 10 years, though no tax increases would go into effect until 2011. That’s an average of $21 billion a year, less than a 2 percent nick in a federal budget deficit that is projected to hit $1.2 trillion in 2010.
Lost revenue isn’t the only problem, Obama says. He contends the current system gives companies an incentive to invest overseas rather than creating jobs in the U.S.
“It’s a tax code that says you should pay lower taxes if you create a job in Bangalore, India, than if you create one in Buffalo, N.Y.,” Obama said Monday.
The business community argues the deferral system helps them compete against foreign companies that pay taxes only in the countries where they generate profits.
The bottom line?
“Nobody should miss the fact that this is about revenue,” said Raymond Wiacek, head of the tax practice at the law firm Jones Day. “These companies have the money, and the U.S. government needs the money.”
Obama also proposed a package of disclosure and enforcement measures designed to make it harder for financial institutions to help wealthy individuals evade taxes in overseas accounts. Obama said the government is hiring nearly 800 new IRS agents to enforce the tax code.
“I want to see our companies remain the most competitive in the world,” Obama said at a White House announcement. “But the way to make sure that happens is not to reward our companies for moving jobs off our shores or transferring profits to overseas tax havens.”
In exchange for the increased taxes some companies would have to pay, Obama agreed to make permanent a research tax credit that would provide firms about $75 billion in breaks over the next 10 years. The credit currently is to expire at the end of the year.
Obama has widespread support in Congress to crack down on tax evaders who illegally hide assets in tax havens. But he faces stiff opposition — even within his own party — to increasing taxes on the legal transactions of U.S. multinational companies.
“To the extent the president continues on the road of cracking down on tax abuse, he can count on my support,” said Sen. Chuck Grassley of Iowa, the top Republican on the Senate Finance Committee. “But if he’s using tax shelters as a stalking horse to raise taxes on corporations at the cost of U.S. jobs, he’ll lose me.”
A coalition of business groups has already stepped up lobbying efforts to kill attempts to increase taxes on overseas profits, saying it would make American companies less competitive.
“We’re talking about American jobs at American companies and their ability to compete overseas,” said John J. Castellani, president of the Business Roundtable.
At issue is the way the U.S. taxes the overseas profits of American companies. Under current law, American corporations with subsidiaries in foreign countries can defer paying U.S. taxes on the profits of those subsidiaries until the money is transferred back to this country.
If companies leave the money overseas, where corporate tax rates in most countries are lower than in the U.S., they can avoid American taxes on those profits indefinitely. If the money is brought to the U.S., corporations can subtract foreign taxes already paid.
The U.S. has a top corporate income tax rate of 35 percent, which is among the highest in the developed world. However, most corporate income is taxed at much lower rates because of deductions and credits.
In 2004, large corporations paid an average effective tax rate of 25.2 percent on domestic income, according to a Government Accountability Office report last year. For foreign income, the effective U.S. tax rate was about 4 percent, the report said. That figure does not include taxes paid to foreign countries.
Obama’s plan would:
_Prevent companies from writing off domestic expenses that help generate profits abroad — until those profits are returned to the U.S. and subjected to American taxes. For instance, administrative tasks performed in New York for a London office would not be tax deductible in the United States.
_Prohibit companies from receiving foreign tax credits on income that is not subject to U.S. taxes.
_End a provision that lets U.S. companies legally shift income from one foreign subsidiary to another, making the taxes they owe to the United States “disappear.”
Former President Kennedy failed to end the tax deferral system in 1961, despite telling Congress the U.S. could no longer afford it. The system also survived overhaul efforts in the 1970s and 1980s.
Rep. Charles Rangel, chairman of the tax-writing House Ways and Means Committee, proposed a similar measure to limit the deductions of U.S. multinationals in 2007. But Rangel, a Democrat from New York, tied his proposal to lowering the overall corporate tax rate.
On Monday, he welcomed Obama’s plan.
“For too long, our tax laws have rewarded companies that invest and keep their money overseas and turned a blind eye to the use of tax havens by the wealthy,” Rangel said.
Illinois Democrats begin erasing someone named Rod Blagojevich
Just like China and the old Soviet Union, Illinois authorities began today erasing the presence of Gov. Rod Blagojevich from public property.
Unemployment Jumps to 6.1 Percent, Women Hit Hardest
By Dean Baker
“The labor market is as weak or weaker than at the worst points of the last recession.”
The unemployment rate jumped to 6.1 percent in August, the highest level since September of 2003. The establishment survey showed the economy losing another 84,000 jobs in August. With downward revisions to data for the prior two months, the economy has lost an average of 81,000 jobs over the last three months.
Virtually all the data in the household survey indicates that the labor market is weakening at a rapid pace. The 6.1 percent unemployment rate is only 0.2 percentage points below the 6.3 percent peak reached in June of 2003. The employment to population ratio (EPOP) ratio fell to 62.1 percent, only slightly above the 62.0 percent low hit in September of 2003. Full Story
Big Oil’s prize is America’s downfall
It’s getting harder and harder to remain deluded. With each day comes new facts to drag our heads out of the sand.
Two weeks ago, The New York Times reported that four Western oil giants were on the verge of signing no-bid contracts that would return them to Iraq, the third-most bountiful petroleum playground on the planet. It was the kind of news that big oil lives for.
Giddy executives singing “Oh Happy Day” could be heard in the corporate offices of Exxon Mobil, Shell, Total and BP, which had been shut out of Iraq for three and a half decades.
We also learned this week that a group of American advisers, led by a team from the State Department, played a key role in drawing up the contracts between the companies and the Iraqi government. Chevron and several smaller oil companies also got contracts.
Giving Democrats Something To Smile About
… According to every known leading indicator, 2008 should be a very good year for Democratic candidates at all levels. There are many factors that point to an across-the-board Democratic victory in November, including the extraordinary unpopularity of President Bush, the deteriorating condition of the economy, the unpopularity of the war in Iraq, and the fact that Americans prefer the Democratic position to the Republican position on almost every major national issue. Full Story
Nearly 1 in 5 troops has mental problems after war service
Roughly one in every five U.S. troops who have survived the bombs and other dangers of Iraq and Afghanistan now suffers from major depression or post-traumatic stress, an independent study said Thursday. It estimated the toll at 300,000 or more. Full Story
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