first published week of: 12/12/2016
The passage of a Senate Bill that will bailout nuclear plants will destroy jobs and hurt pocketbooks according to the following statement from AARP Illinois State Director Bob Gallo.
"Today, on the last day of Veto Session, the General Assembly sent terrible news to millions of Illinois consumers as it passed Senate Bill 2814, the bill pushed by Exelon, ComEd and Ameren to bail out the nuclear plants in Clinton and the Quad Cities via a multi-billion dollar rate increase, the highest in our nation's history.
"AARP, on behalf of its 1.7 million Illinois members, is extremely disappointed at this decision, which will hurt the pocketbooks of older residents, working families, and low-income individuals, and will also hurt countless businesses across Illinois.
"It is outrageous that the General Assembly can work together to negotiate a bailout for highly profitable Exelon, but they haven't been able to negotiate a state budget for over two years, a vital budget for our state's most vulnerable citizens that need services provided for by non-profit and far less profitable agencies that are struggling to keep their doors open. continued…