PEORIA — Building the Illinois economy from the middle class out is the key to managing the state’s finances, state Sen. Mike Frerichs said at a campaign kickoff Wednesday in Peoria.
The Champaign Democrat visited four cities Wednesday to promote himself as the state’s next treasurer by outlining his plans for a state he said isn’t broke, despite what some believe.
“If you invest in an Illinois company or you invest in Illinois infrastructure, you invest in projects here you can get a return on,” he said at a news conference at the Peoria Labor Temple. “At the same time, you’re putting people to work in this state, not in Texas, not in California.”
Frerichs mentioned expanding Link Deposit Account and resurrecting Employ Illinois as actions he would implement to encourage business growth and tax collection statewide.
“To help people create companies, to grow jobs of fellow Illinoisans, that’s a wise investment,” Frerichs said.
After growing up in Gifford, raised by a father working a union job as a truck driver and a stay-at-home mother, Frerichs graduated from Yale University in 1996 and served on the Champaign County Board and as Champaign County auditor before he was elected to the state Senate in 2006.
As a representative of Champaign and Urbana — home to the University of Illinois — and chairman of the higher education committee, Frerichs said making funds available to help relieve student debt is a priority.
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