Rep. Skillicorn: Driving a spike in teacher pensions – Northwest Herald

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Where all the tax money from recreational marijuana will go? – Crain’s

Under the long-awaited legalization bill unveiled May 7, just 35 percent of cannabis taxes will go to the state’s general fund, and 10 percent will go to a separate budget stabilization fund. Another 25 percent will go to a grant program that aims to help communities hit hard by poverty, violence and the war on drugs; and 20 percent will go to mental health and substance-abuse treatment. The other 10 percent goes to law enforcement and drug-treatment education. Roughly $500M in revenue is projected.

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Chicago Mayor-elect Lori Lightfoot: Day 3 in DC – WGN

Comment: Hmm, where have you heard this before about the magnitude of the fiscal crisis? “It’s much more substantial than has been socialized with the public or in the media. So we’ve got to look creatively at a range of different options,” Lightfoot said.

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