Duckworth calls out Big Oil amid high inflation – WICS (Springfield)

“(T)oday’s economic report makes one thing crystal clear: despite oil prices falling 20% late last month, oil executives are still refusing to fully pass along those savings to working Americans,” U.S. Senator Tammy Duckworth wrote in a statement. “And Big Oil will only continue to pocket outrageous profits from Putin’s war of choice if we let them, which is why we need to pass my legislation to finally ban gas price gouging during an international crisis.”

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ComEd to pay $434 million back to customers – Center Square

“The checks will be around $3 a month for the next three years,” said Abe Scarr of the Illinois Public Interest Research Group. “So it’s not incredibly significant, but it will hopefully balance out a little bit of this pending [utility] rate increase…I do have some worries that ComEd is using these refunds, which is the customer’s money to begin with, to clean up previous issues.”

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Democratic-Led States Let Their Federal Unemployment Debts Linger – Wall Street Journal

At least four Democratic-led states with budget surpluses this year have chosen not to fully repay the federal government for money borrowed to fund unemployment benefits, a move that will impose increased charges on businesses to help make up the difference. California, Connecticut, Illinois and New York have directed surplus funds to social programs and taxpayer rebates, among other causes, leaving unpaid debts to the federal government ranging from tens of millions of dollars to more than $15 billion.

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States With the Highest Property Taxes – Yahoo Finance

Illinois is an odd little outlier for the No. 2 spot on this list, as its annual average property taxes are lower than others that fall lower on the list, as is its annual home value. However, it’s the property tax rate of nearly 2% that earns it this high spot.

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Another blue-state governor looks to hit DeSantis – Politico

Illinois Gov. JB Pritzker will be the keynote speaker at the annual Leadership Blue Gala Saturday in Tampa. Pritzker’s decision visit to Florida will also be sure to stoke longrunning whispers about a possible presidential bid, especially since he’s spending time in the home state of Gov. Ron DeSantis, himself a potential GOP presidential candidate.

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Democratic operative Patrick Doherty pleads guilty to bribery in red-light camera probe – Chicago Tribune/MSN

The 24-page plea included several newly revealed schemes. In one, Doherty admitted to bribing another public official — identified only as Public Official B — to give village contracts to SafeSpeed. Among the illicit offerings, according to the plea, were membership to a Countryside cigar lounge and “30 to 50 people to work for Public Official B and Public Official B-backed candidates for free.”.

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Space-shedding keeps Chicago downtown office vacancy at record high – Crain’s*

Companies aren’t moving into new offices fast enough to outpace a spree of others trying to get rid of space, keeping the amount of available workspace in the city at an all-time high. The downtown office vacancy rate at the end of June was 21.2%, virtually unchanged from the record high set in the first quarter, according to data from real estate services firm CBRE. The new share of empty space is up from 19.4% at the same time last year and towers over the 13.8% vacancy rate when the COVID-19 pandemic began.

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