Video: CNBC Interviews Pritzker in Davos at WEF Meeting – CNBC

When asked about companies saying they are thinking of leaving, Pritzker says “that’s not what we are hearing.”

When asked about companies saying they are thinking of leaving, Pritzker says “that’s not what we are hearing.”
The request distributes the increase to the public universities based on the percentage and number of students at each institution receiving federal Pell grants, IBHE Executive Director Ginger Ostro said. The board is using the federal grants, which are awarded to students with great financial need, as a temporary funding procedure while the Commission on Equitable Public University Funding seeks a more permanent solution.
“With this mayor, something that should become a cakewalk is always a dogfight,” union vice president Jackson Potter said.
Philip Rega and his two sons were waiting for their bus to school in front of their Back of the Yards home when three people approached Wednesday morning, yelled gang slogans and started shooting, firing nearly 40 rounds.
New Chicago businesses that get 20% of their income from the sale of vapes will now be required to obtain a special city license. The newest legislation, which exempts existing vape shops, comes as the city has moved to crack down on electronic cigarettes.
The measure, which still has to be signed by Gov. JB Pritzker, also includes an additional $90 million for state welcoming centers for immigrants
Pritzker gave an additional $27 million to the Democratic Governors Association, federal Internal Revenue Service reports showed.
Grants of up to $250,000 will be available for building owners or tenants to make permanent renovations on ground-level retail space. An extra $50,000 is available for applicants expanding to LaSalle from low- and medium-income neighborhoods. The maximum grant would be $1 million per property.
After it was revealed several collections of classified materials were found at the home and private office of Democratic President Joe Biden from the time he was vice president, Pritzker said there should be an independent investigation, but said the Trump stash story is “vastly different…Where he was literally hiding documents and refusing to turn them over whereas this White House has turned them over and has encouraged an investigation.”
Attorney Thomas DeVore was given an emergency hearing Wednesday for the case he filed in Effingham County state court the day before. “We had argument for about two hours on the elements of whether the temporary restraining order would be an appropriate thing for the judge to do,” DeVore said. “Judge took it under advisement and said he will issue his opinion by the close of business on Friday.”
Ted Dabrowski of Wirepoints said allowing principals to unionize would have plenty of downsides for students. “We need to get back to the key principles of managing something properly…The more power you give now to principals to negotiate, on top of what the Chicago Teachers Union already does, makes you more dysfunctional.”
“If you really believe in something, you don’t give up after one loss,” state Sen. Robert Martwick said. “It’s the right thing to do.”
The No. 1 reason United Van Lines was given for people leaving Illinois was jobs, with more than one-third of respondents listing it as a primary reason ahead of family and retirement. Housing and employment opportunities have both been made worse by poor public policy in Illinois.
A republication of our Wirepoints column.
Allowing Illinois municipalities to create these districts will boost budgets for local tourism bureaus and make Illinois more competitive in efforts to attract visitors and events that bring visitors to Illinois, Illinois Hotel and Lodging Association President Michael Jacobson said. More than 200 cities and 19 states already have similar districts in place. “When you look at the additional funds that those districts have generated to local convention and visitor bureaus, our Illinois… groups were falling behind,” Jacobson said.
Organizers want to revive the school as the Regenerator, a 60,000-square-foot facility with resources and programs for people leaving the prison system: multifamily housing, a community center, job training and medical services for formerly incarcerated people and their families.
“When we pass a law like this, it will be safe, legal and regulated, which will automatically put it under the health care regimen and provide people with the safety that they need by trained licensed facilitators and in healthcare settings,” Rep. La Shawn Ford, the bill’s sponsor, said.
For much of Lightfoot’s time in office, concerns about ethics, transparency and good government were eclipsed by the COVID-19 pandemic that has killed more than 8,000 Chicagoans, the economic catastrophe it unleashed and a public safety crisis that sent violent crime to the highest levels in nearly 25 years. But her campaign for a second term has been weighed down by a growing amount of evidence that not only has she failed to fulfill campaign promises to “bring in the light,” but also that she has at times governed more like an old-school machine politician than a reformer.
Even though cities like New York and Chicago have faced a relatively low number of migrants, it has overwhelmed their social services systems. Consequently, mayors like Lori Lightfoot and Eric Adams have called on the federal government to do more to help.
The treasurer’s office noted that most of the refunds are going to homeowners receiving property tax exemptions, which are applied to the Second Installment tax bill and reduce the total taxes due. The possible exemptions could include: homeowner, senior citizen, senior freeze and disabled persons.
The law in question aims to hold the firearms industry legally liable for what the prosecutors label “irresponsible sale and marketing of firearms when that conduct results in harm to the public. In the amicus brief submitted Wednesday, the coalition led by Raoul asserts the law’s legitimacy to protect residents public health, safety and welfare.
Theirs is the first federal lawsuit related to Illinois’ gun ban and registry, against the governor, the attorney general, the Illinois State Police director and state’s attorneys and sheriffs from several counties. It follows two other suits that were filed in state court Tuesday.
California’s public-sector pensions have a staggering accounting hole of $274 billion, according to the latest report from the Equable Institute. Illinois public-sector pensions are in the hole to the sum of $210 billion — and you could argue that is even more remarkable because Illinois, the U.S.’s sixth most populous state, has just one-third the population of California
Despite having been in the House only since 2018, Mike Marron is moving toward the top in senior leadership in the House Republican caucus.
Several hundred union members gathered at the quad for a rally with officials, including Cook County Commissioner Brandon Johnson, Chicago Teachers Union President Stacy Davis Gates, state Rep. Lakesia Collins, American Federation of Teachers President Randi Weingarten and Ald. Byron Sigcho-Lopez. Since 2014, faculty at all three University of Illinois campuses — Chicago, Urbana-Champaign and Springfield — have gone on strike.
Chicago’s Sales Tax Securitization Corp. will take retail orders Wednesday on a long-planned issue that prioritizes local buyers on the city’s first bonds to carry a social bond designation and gives special consideration for environmental, social, and governance investors.
In a coordinated effort, legislators in seven states, including Illinois, will introduce legislation on Thursday for their states to impose a wealth tax.
Illinois Sen. Bob Martwick, an ally of Gov. J.B. Pritzker, is reportedly planning to offer a new version of a progressive tax scheme for Illinois “as soon as next month.” A quick scan of national reporting reveals the foolishness of any such tax hike proposal. States across the country are overwhelmingly moving towards flat and zero income tax structures. An Illinois tax hike would be moving in the exact opposite direction, further crippling the state.
Ted was on Chicago’s Morning Answer with Dan and Amy to talk about the absurdity of Mayor Lightfoot selling city “social bonds” to Chicagoans, why its akin to the city selling its own body parts off piece by piece, the injustice of governments taking and selling people’s homes to recoup unpaid property taxes, why poor residents in South Cook are suffering the most from Illinois’ property tax regime, and more.

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