FTX CEO Sam Bankman-Fried announced the cryptocurrency exchange is moving its U.S. headquarters to Miami. It’s the fifth major company to relocate its headquarters out of Illinois this year.
A new report predicts legalized internet gambling would generate $273.3 million a year in new revenue for Illinois. A safer bet for Illinois’ state workers would be constitutional pension reform.
The constitutional amendment question at the top of the ballot may not include the words “Workers’ Rights Amendment” or even “Amendment 1.” So what will it say?
For 52 years the Illinois Constitution’s pension protection clause has locked the state into retirement promises it cannot afford. Amendment 1 could do the same for government union demands, handing taxpayers the bill.
A new ad funded by government unions is claiming Amendment 1 would boost wages and the economy without any numbers to back it up or mention of the property tax hikes to come.
The Education Freedom Tax Credit, also known as the Federal Scholarship Tax Credit, will give Illinois students access to donor money if the state opts into the program.