Day: February 25, 2024

Illinois’ film tax credit lures Hollywood to the heartland – Daily Herald*

Illinois is one of 37 states to offer some type of production incentive, according to the report. “There are common challenges with measuring the economic values of this type of incentive,” said Austin Berg, of the Illinois Policy Institute. “What would the economic advantage be if you reduced the tax bill of all businesses by $200 million instead of just one industry?”

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Commentary: Auto repair reform has strengthened Illinois’ economy – Daily Herald*

“Also referred to as the “Multiplier Act,” (House Bill 3940) ended the two-tiered compensation system in auto repair, requiring out-of-state and foreign auto companies to pay the same market rate for warranty repairs as everyday consumers would pay for non-warranty repairs…Researchers show that earnings for Illinois’ auto mechanics have increased by $143 million annually since the law went into effect.”

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Faith leaders: City Hall must step up to the plate and provide more funding for violence prevention – Chicago Tribune*

Rabbi Seth Limmer, Rev. Otis Moss III, Rev. Ciera Bates-Chamberlain and Rev. Michael Pfleger: “There’s no running away from it: Chicago cannot be a great city until it is a safe city. City Hall should not be outsourcing the work of violence reduction….The mayor’s inability to commit to more funding is especially troubling because City Hall’s fifth floor has the money, specifically in federal COVID-19 relief funds.”

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Metra CEO gets another raise as $270M shortfall looms – WBBM (Chicago)

Metra CEO Jim Derwinski’s $325,825 salary has him out-earning PACE Executive Director Melinda Metzger, though he’s still more than $50,000 behind Chicago Transit Authority President Dorval Carter. The Regional Transportation Authority, which oversees Metra, the CTA and PACE, is expected to face a $730 million budget deficit in 2026.

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Metra to buy first battery-powered trains as part of effort to provide more frequent all-day service – WBEZ (Chicago)

Metra’s zero-emission trains will feature low-level boarding and ADA-compliant lifts.The commuter rail agency will pay $154 million for eight two-car, zero-emission trains with a range of 45 to 65 miles, Metra said. Trains can be charged from 20% to 80% — enough to operate — in about 20 or 30 minutes. Metra hasn’t figured out a charging infrastructure yet or its cost. Metra said it’s one of the first U.S. commuter rail agencies to purchase battery-powered trains.

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A Blue State Exodus: Who Can Afford to Be a Liberal? – Mish Talk

“…I propose the first group of people who can most afford to be liberals are the political class that takes advantage of young idealistic fools. The process is accurately called ‘vote buying’. The second group that can afford to be liberals are the arrogant elites such as Bill Gates and George Soros.”

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EV Startups Struggled to Build Cars. Now They Struggle to Sell Them. – Wall Street Journal

The electric-pickup maker Rivian plans to produce 57,000 vehicles this year, roughly the same number as last year. Lucid said it aims to produce 9,000 vehicles, a slight increase from last year’s figure. Both say they are concentrating on finding customers. Car companies from Tesla to Ford Motor are hunkering down in the midst of weaker than expected demand for battery-powered vehicles in the U.S.

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IL Freedom Caucus Statement on Governor’s State of the State Address – Southland Journal

It reads, in part, “No one is against spending money on education, but we need results, not more spending. When in one in 10 Black students in the City of Chicago can only read at grade level – something is clearly wrong. The solution is accountability, competition, and better allocation of resources. Spending money for the sake of spending money has been an unmitigated disaster.”

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Downtown Chicago malls in danger of dying off – Axios Chicago

North Michigan Avenue’s vacancy has risen to 33%, or at least 1 million of the street’s 3.2 million square feet, since 2021. Chicago’s Water Tower Place is signaling a move away from retail, looking to sell off its top floors to office space. Meanwhile, 900 N. Michigan (just north of Water Tower Place) appears to be standing strong — due in part, building managers say, to marketing the shopping destination as a “lifestyle building,” with a gym and a salon.

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States are spending billions on resources for migrants – NewsNation

Massachusetts has a dozen contracts totaling $116 million for housing. New York City is spending $53 million on a pilot program to distribute prepaid debit cards to migrant families meant to help them buy food and baby supplies. And in Illinois, Gov. JB Pritzker has proposed in his new budget an additional $182 million for migrants that comes on top of $638 million already spent.

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IL Sec. of State Giannoulias says some Chicago initiatives hurting small businesses; Nugent advocates for keeping selective enrollment programs – Nadig

At Feb. 23 Northwest Side business luncheon, Illinois Secretary of State Alexi Giannoulias was critical of Mayor Brandon Johnson, while Alderman Samantha Nugent (39th) expressed concern that some local families would move to the suburbs if the Chicago Board of Education were to dismantle selective enrollment programs.

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John Kass: Democratic Panic Grows Over Biden’s Invasion of the Illegals

“Black Democrats are so angry about Biden’s millions of illegal aliens crowding them out of the blue cities, and feeling betrayed by Biden, Gov. JB Pritzker and Mayor Brandon ‘Panic Attacks’ Johnson, that they’re publicly talking about leaving the Democrat plantation. They can see what he’s doing. He’s replacing them.”

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Ald. William Hall and Ald. Andre Vasquez: Chicago, we are digging up the wrong pipes – Chicago Tribune*

“Nearly 20% of Peoples Gas customers are behind on their bills. In neighborhoods such as Englewood and Woodlawn, those rates rise to closer to 50% and 40%, respectively, with customers averaging nearly $900 in debt. Much of that debt can be attributed to an average $15 monthly charge to replace gas pipes, a program that Peoples Gas now admits has not reduced gas explosions. Meanwhile, Chicago sits on 409,000 lead water service lines, pipes that are slowly poisoning our children with neurotoxins, especially those in Black and Latino communities that already suffer from disinvestment.”

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Editorial: Chicago’s proposed real estate tax increase, always a bad idea, enters legal limbo – Chicago Tribune*

“Whatever your view, though, voting ‘Yes’ would have required a leap of faith: that the tax increase would not send private-sector housing builders elsewhere, would not make it so hard for upper-middle-class Chicagoans to buy a home in this expensive market that they’d pick a suburb instead, and would not add yet another significant disincentive to moving here. You also had to feel confident that the Brandon Johnson administration and its committee would come up with effective ways to spend this huge amount of new money with all the necessary safeguards in place.”

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Good citizens need to pay attention to what’s going on – Daily Journal

The CCOM’s fight against Gotion has now received national coverage through several televisions news programs and newspapers. Fundraising efforts have brought hundreds of protesters together, and donations have been coming in, locally, as well as from out-of-state Americans who want to join our fight to protect our country. Thousands of people have joined our Facebook page, No Gotion-Illinois. We welcome you to join and follow the facts.

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CTU staffer fights to keep Chicago Mayor Johnson’s former seat on the Cook County Board – WBEZ (Chicago)

Cook County Board Commissioner Tara Stamps works for the Chicago Teachers Union, which helped fuel CTU organizer Brandon Johnson’s meteoric rise to become Chicago mayor last year. Stamps and Johnson go way back to their days at Jenner Elementary, where Stamps was the mayor’s mentor during his early years as a teacher. Stamps also has the backing of County Board President Toni Preckwinkle, who doubles as head of the Cook County Democratic Party.

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