Former Florida Gov. Jeb Bush speaks at the American Legislative Exchange Council's 40th annual meeting, Friday, Aug. 9, 2013, in Chicago. (AP Photo/M. Spencer Green)

CHICAGO (AP) — More than a thousand conservative lawmakers and business executives are gathering this week for a conference that could shape a new wave of Republican legislation in state capitols pushing for deeper tax cuts, limits on union powers and a private-sector makeover for government Medicaid programs.

Attendees at the American Legislative Exchange Council were countered Thursday by a roughly equal number of protesters upset by the close ties between big businesses and lawmakers. As meeting participants handed out awards and dined at a meal sponsored by the Texas Oil and Gas Association, picketers denouncing “corporate greed” paced the sidewalks and clogged the street in front of the Chicago hotel hosting the conference.

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