The state of Illinois: how to fix the mess

August 1, 2014
Hosted by Andy Busch

[Download MP3s: Ted Dabrowski IPI Todd Maisch IL Chamber of Commerce Jonathan Williams ALEC Andy's View] [itunes] [Bookmark Episode]

Guest Information

Episode Description

This week, we take a hard look at the lowest credit rated state in the country: Illinois. What are the issues, what are the problems and what are the solutions for the Land of Lincoln and the home state of President Obama. We gather experts to provide insights and answers. First, we have Ted Dabrowkski from the Illinois Policy Institute to review how bad things truly are with not only pensions, but unfunded health care liabilities. Next, Ted Maisch from the Illinois Chamber of Commerce provides his insight into what the state needs to do to attract and keep business. Lastly, we get Jonathan Williams from American Legislative Exchange Council to explain what their top rated states do to deal with pensions, health care and business. Have heart fellow Illini, there is a way out!

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Engage with Andy Busch will help you to explore and understand the top political and business stories with the brightest minds in the United States and the world. Most importantly, Andy will tell you how it impacts your life. With a sharp sense of humor and over thirty years in the markets, Andy speaks with top guests on an equal footing via his own experiences in politics and money, and shares his own successes and failures so you can learn from his experiences. Life’s complicated, let Andy help you figure it out.

Andy Busch

Andrew B. Busch is the editor of the global market and public policy newsletter, “The Busch Update.” He is a regular on CNBC’s Talking Numbers, which appears every day on Street Signs and Yahoo Finance. His views can be found on his website,, as well as CNBC and Yahoo. He was a panelist on CNBC’s Money in Motion from 2012-14. He was the host of “Politics and Money” on First Business from 2000-03.

For 22 years, he was with BMO Capital Markets and has written the Busch Update for the last 13 years. He was named BMO’s Global Currency and Public Policy Strategist in 2007. Based in Chicago, he is a recognized expert on the world financial markets and how these markets are impacted by political events. He provides clients with analysis on public policy issues for China, Europe and the United States.

On a regular basis, Andy consults with staff from Congress and think tanks on economic, financial market and tax issues. In 2011, Andy was asked to testify in front of Congress on the effectiveness of the 2009 Stimulus package. From 2004 to 2008, he was an outside advisor to the US Treasury Department and White House on the economy and financial markets. Andy had a similar role for the 2008 McCain campaign. He has met and advised the last three US Secretaries of the Treasury including John Snow, Hank Paulson and Tim Geithner. Andy is also a political consultant on campaign strategy for the 2014 US Congressional Mid-Term elections.

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