Chicago Public Schools facing cash crunch as it works to close $734 million deficit – Chalkbeat Chicago
Chicago Teachers Union Vice President Jackson Potter called on CPS to avoid staff layoffs. Potter pushed for more funding, including from new state taxes and a city pool of tax dollars known as Tax Increment Financing, or TIF.“For the governor to say we’ve done everything we can is patently false,” Potter said. “We need to do more — that is their own commitment.”
New federal bill scales back tax incentives for certain types of energy like wind and solar. Before the bill’s enactment, Gov. J.B. Pritzker warned that will lead to clean energy job losses and will mean higher consumer costs. “We’re not going to be
Between 2022 and 2024, Rivian filed over 2,000 H-1B and 400 green card applications while receiving significant Illinois state incentives. A researcher says this raises concerns about replacing American workers and the use of taxpayer dollars. Rivian’s 30-year Illinois incentive deal totals $827 million.