Chicago Pension Mess Highlights Need for Bally’s Casino – Casino.org
“Potentially compounding Chicago’s pension woes is that Bally’s is facing financing issues of its own. The regional gaming company needs to come up with $800 million in financing to make the Chicago venue a reality, but its junk credit ratings make procuring that capital expensive and difficult.”
The Wall Street Journal Editorial Board cited Wirepoints’ analysis of the IRS’ state-to-state migration data in their latest piece documenting the annual drain of people from blue states to red states.
Ted joined Scott Slocum to talk about the 87,000 people who left Illinois in 2022, why a net number of Illinoisans leave here for any one of 40 other states each year, what the consequence of that out-migration is — including higher property taxes on those who remain, and more.