Bambenek Remarks on Loss of Caterpillar

From the campaign of John Bambenek for State Senate (52nd District)…

Illinois’ Loss of Caterpillar, Inc. North American Plant is Another Blow
to Economy and Jobs Due to State Regulation, Taxation, and Litigation

CHAMPAIGN, IL (February 14, 2012) — Republican Candidate for the 52nd District State Senate seat John Bambenek released a statement today following the announcement from Caterpillar, Inc. that it will not build its new North American plant in Illinois.

“This marks the continuation of a sad chapter in Illinois government. Caterpillar Inc.’s decision is yet another example of Governor Quinn and the Democrat’s discouragement of job creators from establishing businesses in Illinois through taxation, regulation, and litigation. The governor’s budget projections show he has no plan to ensure that the recent tax hike will expire. According to these projections, state spending at the current rate will lead Illinois to a backlog of $35 billion in debt by 2017. This hostile environment alone is enough to keep many companies from considering locating here – but this is not all. Current State Senator Mike Frerichs voted for the midnight tax hike that has caused companies to reassess their investment in the 52nd District and throughout the state. He also voted “present” on a bill for comprehensive workers compensation reform that would have included requiring workers to actually be injured on the job before filing claims and receiving benefits. Worker’s compensation is the most important reason, next to taxes, why businesses leave Illinois.”

Bambenek continued, ‘We need someone who will work with business to put Illinois back to work, not keep giving companies reasons to leave. As a State Senator, I will make a commitment to do just that.”

John Bambenek Is a candidate for the Illinois State Senate of the 52nd District. www.johnbambenek.com/.
Facebook: www.facebook.com/JohnBambenek
Twitter: twitter.com/bambenek

About Warner Todd Huston

Warner Todd Huston is a Chicago-based freelance writer, has been writing opinion editorials and social criticism since early 2001 and is featured on many websites such as Andrew Breitbart's BigGovernment.com, BigJournalsim.com and all Breitbart News' other sites, RightWingNews.com, CanadaFreePress.com, and many, many others. Additionally, he has been a frequent guest on talk-radio programs across the country to discuss his opinion editorials and current events as well as appearing on TV networks such as CNN, Fox News, Fox Business Network, and various Chicago-based news programs. He has also written for several history magazines and appears in the book "Americans on Politics, Policy and Pop Culture" which can be purchased on amazon.com. He is also the owner and operator of PubliusForum.com. Feel free to contact him with any comments or questions : EMAIL Warner Todd Huston and follow him on Twitter, on Google Plus , and Facebook.
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