GOP tax reforms stoke debate in states with large manufacturing, agriculture sectors
Michael Carroll | July 17, 2017
A congressional panel last week spotlighted how federal tax reform could help small businesses, but one possible component of the GOP reform plans would cost businesses an estimated $1.5 trillion over the next decade. Though a hearing scheduled Thursday by the Tax Policy Subcommittee will highlight how tax reform could strengthen economic growth nationwide, one […]
Michigan, Ohio, Wisconsin score well in manufacturing report; Illinois not so much
Michael Carroll | July 12, 2017
The Midwest as a whole received relatively high grades in an annual rating of states’ manufacturing industries, but Illinois’ manufacturing sector is still struggling due to an unpredictable economic climate and unfunded public liabilities. The 2017 Manufacturing & Logistics Report Card gave Illinois a “C+” for the overall health of its manufacturing industries, but the […]
GOP tax reforms stoke debate in states with large manufacturing, agriculture sectors
Michael Carroll | July 12, 2017
A congressional panel this week will spotlight how federal tax reform could help small businesses, but one possible component of the GOP reform plans would cost businesses an estimated $1.5 trillion over the next decade. Though a hearing scheduled Thursday by the Tax Policy Subcommittee will highlight how tax reform could strengthen economic growth nationwide, […]
Wisconsin welcomes Illinois workers, businesses after latest tax increase
Ben Yount | July 10, 2017
Many Illinois lawmakers say that following the state’s 32 percent income tax increase, neighboring states will try and recruit Illinois businesses and taxpayers. But one Illinois lawmaker on the Wisconsin border says recruiting won’t even be necessary. State Rep. Joe Sosnowski, R-Rockford, said communities in southern Wisconsin don’t need billboards or ad campaigns to lure […]
Illinois ends longest budget impasse among U.S. states with $5 billion in tax increases
Watchdog News | July 07, 2017
Illinois ended a more than two-year-long budget impasse when its Democrat-dominated state House voted Thursday to override Republican Gov. Bruce Rauner’s vetoes of a budget package that includes $5 billion in tax hikes and $36.5 billion in spending. Until Thursday, Illinois the longest-running budget impasse of any U.S. state, but it wasn’t the only only […]
Casino industry ramps up effort to repeal sports betting ban
Michael Carroll | July 05, 2017
A national campaign to overturn the federal ban on sports betting outside Nevada got under way this month, giving momentum to sports betting supporters in states like Illinois and Pennsylvania. The American Sports Betting Coalition, which is made up of state and local elected officials as well as law enforcement and businesses, launched the effort […]
Congressional bill would allow private donations to fund abandoned mine redevelopment
Cole Lauterbach | June 28, 2017
A bill filed in the U.S. House would  allow private donations help revitalize the nation’s abandoned mines so they can be used for recreational areas. U.S. Rep. Darin LaHood, R-Illinois, says there’s a hurdle keeping private foundations from renovating abandoned mines across the nation. LaHood said it’s modeled after a program in Pennsylvania, which has done this […]
Pennsylvania pension reform seen by some as example for other states
Michael Carroll | June 19, 2017
A bipartisan pension reform plan signed into law Monday by Pennsylvania Gov. Tom Wolf could provide a model for other states with high pension liabilities to pull out of the fiscal sinkhole, pension experts say. Under the plan signed by the state’s Democratic governor and passed by the Republican legislature, new employees hired by the […]
Group seeks transparency in high-stakes Puerto Rico bankruptcy case
Johnny Kampis | June 16, 2017
A group of investigative journalists in Puerto Rico is suing the congressionally created board that acts as the island territory’s representative in bankruptcy proceedings, claiming they are failing to be transparent in their financial dealings. The stakes are high for plenty of Americans, as Puerto Rico’s debt has far-reaching implications in a number of financial sectors […]
Belleville, Ill., man who shot at GOP congressional members posted anti-Trump messages on Facebook
Dan McCaleb | June 14, 2017
A Belleville, Ill., man who reportedly shot at GOP congressional members and staff at a Virginia Park Wednesday morning, wounding five, had a history of supporting Democrats and recently sought the impeachment of President Donald Trump. The suspected shooter has been identified as James T. Hodgkinson III, 66, of Belleville. In a news conference regarding […]