A republication of our Wirepoints story.
If Illinois politicians were to focus on the goal of becoming a competitive, AAA-rated state, their policy solutions would be the exact opposite of what they are today. All they have to do is look next door at Indiana for inspiration, which has maintained its AAA status for years.
A fully matured adult-use marijuana program in Illinois could produce between $440 million and $676 million in annual tax revenue, and the expected demand would be far greater than the state’s current supply, according to a study released Friday.
An actuary’s perspective.

Buffett spent several minutes on the dire public pension crisis in the United States, calling it “a disaster.” “If I were relocating into some state that had a huge unfunded pension liability, I’m walking into liabilities. . . And those are big numbers. Really big numbers. . . They will come after corporations. They will come after individuals. . . They’re going to have to raise a lot of money.”
Voters in parts of two South Side wards heavily supported a community benefits agreement for the Obama Presidential Center in Tuesday’s election, potentially reigniting debate on the issue as the city gears up for the April 2 runoff elections.
Comment: Rahm “managed to halt a free fall in funding levels,” which “stabilized things,” this says. Nonsense. Chicago continues to fund pensions at less than tread water levels, not even covering interest that effectively accrues on unfunded liabilities.


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