As federal and state officials sound the alarm about opioid abuse, Illinois lawmakers should take steps to root it out of the workers’ compensation system.
The state’s combined incentives package will reportedly include $1.4 billion in EDGE tax credits, $450 million in improvements, $250 million in new education and workforce programs, and more.
As Illinois’ state government and the federal government move toward promoting the development of autonomous vehicles, Chicago aldermen are taking a combative stance against the budding industry.
Illinois has sued a pharmaceutical company over opioid marketing, yet state lawmakers refuse to reform a workers’ compensation system that encourages the overprescription of dangerous drugs.
Chicago Public Schools has issued an additional $500 million in long-term high-interest bonds, following $387 million the district borrowed from JPMorgan in June.
In two separate deals with JPMorgan, CPS borrowed $387M to make a teacher pension payment at end of June and as a result of the deal, will accumulate at least $7M in interest.
Sears Holdings has dropped below the job threshold necessary to qualify for the $15 million in annual state tax credits for which it was once eligible.
Illinois Comptroller Susana Mendoza is suspending funding for a technology initiative Gov. Bruce Rauner has said would save taxpayer money and promote efficiency, data security and transparency in state government.