Pritzker opens door to weed delivery – Crain’s*

Gov. JB Pritzker says cannabis delivery, which is currently illegal in Illinois but offered in other states, is an idea worth considering. “At first blush, as long as it’s regulated—and as long as we make sure the person who is ordering it gets it, and they’re legally allowed to—it would seem to me the same as someone coming into a store.”

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Chicago attracting a healthy amount of investment, but all neighborhoods aren’t equal – Chicago Tribune/MSN

Chicago remains popular with investors, ranking 40th overall among the nation’s 100 largest cities, according to Urban Institute data. It brought in on average $20,450 per household each year between 2010 and 2020, below national leaders such as Washington, D.C., Denver, Seattle and San Francisco, but above others such as New York, Dallas, Houston and Minneapolis. Chicago saw an especially healthy level of investment in the nonresidential sector; It ranked ninth among the top 100 cities, with $8,648 per employee invested on average each year.

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Commentary: I’m stepping down from the Chicago Board of Education. With change coming, some thoughts on its future. – Chalkbeat Chicago

Sendhil Revuluri, vice president of the Chicago Board of Education: “Our educators focus on our students to guide their practice. But in some of our most contentious board discussions, on topics such as school reopening, COVID mitigation, or the role of School Resource Officers, the loudest voices often centered adult interests, values, or concerns.”

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The State of Illinois’ Five-Year Fiscal Report – Civic Federation

The Illinois Economic and Fiscal Policy Report includes significant upward revisions to the FY2023 projected operating revenues and proposes for an increase of nearly $1.5 billion over the enacted budget. The increase to the projection is due to income and sales tax collections exceeding what was budgeted through the first four months of the year.

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Illinois to get more than $350M in federal funding to support small businesses – WAND (Decatur)

The State Small Business Credit Initiative was reauthorized as part of the American Rescue Plan Act (ARPA),with Illinois eligible to receive up to $354.6 million. Said DCEO Director Sylvia Garcia, “With a focus on equity, these programs will help hundreds of Illinois businesses in communities across the state – especially those who have historically encountered barriers to accessing capital.”

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Opinion: Dick Durbin is coming for your credit card rewards – FOX News Business

“What Senator Durbin conveniently forgets is when a consumer on Main Street experiences a fraud on his/her bank account from a purchase made at a big box retailer, the consumer does not call the retailer to fix the fraud and have the funds re-deposited into their account. The bank is the one who will restore the funds to the consumer, not the big box retailer.”

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Illinois Rate Cap Reminds Us of the Impossibility of ‘Easy Money’ – RealClear Markets

“It’s a reminder that price controls work, though not in the way that their proponents want them to. With the imposition of the cap, it was no longer affordable to lend to certain borrowers. As opposed to better off, the highest-risk borrowers in Illinois found they could not borrow the money they needed and that “their overall financial well-being had declined” in the aftermath of a market intervention falsely billed as compassionate.”

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Chicago’s leaders double down on denial…and voters now clearly go for it. – Wirepoints on Cut the Bull

Matt Rosenberg joined Charles Love, Wilfred Reilly and Shemeka Michelle on the Cut the Bull podcast to talk about crime, policing and political leadership in major American cities with a particular focus on Chicago and Seattle. Matt also explained his theory that the source code of modern-day urban political anarchy in the U.S. was written in Seattle.

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Chicago’s CTA: You pay more, you get worse service, you’re at more risk. No wonder other cities are more attractive – Wirepoints on AM 560 Chicago’s Morning Answer

Ted was on Chicago’s Morning Answer with Dan and Amy to talk about the fiscal cliff Chicago’s Transit Authority and other public transport orgs are facing, the challenge of making Republican leaders stand up for good government, the reason why the limited changes to the SAFE-T Act happened and why its a win for the reform movement, and why cash bail is needed.

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