Preston, a Chicago Democrat, said the measure is intended to ease financial pressure on working families already struggling with rising living costs. #williepreston #senate #insurance
Advocates say the combination of volatile gas supply prices and repeated utility rate increases is straining family budgets at a time when many households are already paying more for essentials like food and healthcare. #gas #prices
The Commission approved a $73 million rate increase for Ameren and $168 million increase for Nicor, which were more than 40% lower than what the utilities had requested. #gas #utilities #ameren
Preston argued that outside corporations, such as investment giant Blackstone, are worsening the housing crisis by manipulating the market, while federal tariff policies keep mortgage rates high despite the Fed’s cuts. #cuts