-- Connecting the dots between our economy, government and business --
The results of the study, which is being conducted with the assistance of general investment consultant RVK, will be presented at the pension fund’s June board meeting.
Electric vehicle maker Rivian’s recent stock price drop to all-time lows points to the dangers – and the failed policy – of Illinois bureaucrats trying to pick winners and losers with taxpayer money. With the EV market struggling despite massive government intervention and subsidies, it shows it’s not just difficult to pick the right companies, it’s hard to pick the right industries.
Ted joined Jeff Daly for an in-depth discussion on Gov. Pritzker’s proposed budget for 2025: what the governor plans to spend a record $52.7 billion on, which kitchen table issues really matter, why the elimination of the 1% grocery tax does so little, and why this and all previous budgets have failed to make life better for Illinoisans. They also talked about Illinois’ failing schools and why it’s so hard for residents to oppose school district spending referendums.
A Cook County judge Friday ruled that a referendum question funding homelessness prevention in Chicago via a real estate transfer tax increase on the March primary ballot is invalid, dealing a major political blow to the measure’s biggest proponent, Mayor Brandon Johnson.
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