State investments net a record return – Crain’s*
With interest rates high and the Illinois treasury for a change relatively cash flush, the state in May earned nearly $200 million on its $43 billion investment portfolio — a record figure both in the raw amount and in the rate of return, according to Illinois Treasurer Mike Frerichs.
“If the state’s attorney’s office wasn’t constantly downgrading charges, and accepting pleas to make cases probation-able … if they instead pushed the issue, and held these criminals accountable, we’d have a young man still alive in this community…” said New Lenox Mayor Tim Baldermann. He also pointed to what he sees as shortcomings in Gov. JB Pritzker’s leadership, saying Pritzker has not offered long-term solutions or plans to combatting violent crime.
“(Pastor Corey) Brooks is a conservative living in a progressive city. Unlike Wright, Jackson, Sharpton, Pritzker, and Johnson, Brooks believes upward mobility is achieved through personal industry, completing an education, and acquiring economic opportunity, not dependency on government largesse. Unlike the race hustling clergy and left-wing politicians, Brooks does not see race as a detriment to socioeconomic mobility…Moreover, in contrast to clergy and progressive lawmakers, Brooks is a firm believer in market capitalism as the foremost economic system to uplift and create individual and generational wealth.”
“We are seeing month over month a high level of growth with enrollments,” Pritzker spokesperson Jordan Abudayyeh said. “We sat down with the General Assembly and said we are
State Sen. Win Stoller said placing a mandate on insurance companies could drive up prices. The law allows insurance companies to cancel a policy if the individual dog is deemed dangerous or vicious under the state’s Animal Control Act.
“As mayor, I will not raise property taxes.“ That was a key message Brandon Johnson made during his run for Chicago mayor. Now less than two months since he assumed power, the Chicago Public Schools board is set to hike property taxes by 5 percent and there’s no pushback whatsoever from Mayor Johnson.
“Some of Pritzker’s involvement has been in his official capacity as governor. Democratic control of the Illinois Legislature since 2019 has allowed him to sign major new laws, including passing a preemptive ban on book bans, a minimum wage increase, marijuana legalization and more. But he is also going out of his way to support