Wirepoints joins IL Freedom Caucus Reps Miller, Wilhour & Halbrook for townhall discussion on Gotion Inc.

Wirepoints’ Mark Glennon joins IL Freedom Caucus Reps Miller, Wilhour & Halbrook to talk about the latest developments in the Gotion controversy. Gotion Inc., a company with ties to the Chinese Communist Party, is set to receive $8 billion in taxpayer subsidies to build a $2 billion battery factory in Manteno, Illinois.

 

On September 8, Governor JB Pritzker announced a deal with Gotion Inc., a Chinese company, for the construction of an electric vehicle (EV) battery factory in Manteno, Illinois, a small town southwest of Chicago.

The factory will cost $2 billion to construct, but Gotion Inc. is set to receive $8 billion in taxpayer subsidies: $500 million from Illinois taxpayers and a massive $7.5 billion from the federal government. All to a company with ties to the Chinese Communist Party.

That’s one of the reasons why Manteno’s residents are so upset. And they aren’t the only ones. Gotion’s relationship to the CCP has inspired an effort by concerned Michigan residents to block Gotion from making a similar investment in their state. And a U.S. House committee is currently investigating Gotion’s plans to expand in America using taxpayer dollars.

The citizens of Manteo are right to ask the questions that need answering by Pritzker and others. Why are we giving $8 billion in taxpayer dollars to a company with Chinese Communist ties?

Read more about the Gotion controversy HERE.

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Lynette Hoy
2 years ago

Unbelievable this is happening! But believable with Pritzker negotiating it. And what do Illinois taxpayers get from this “communist business”? We get to subsidize it…
No! Stop the madness! Stop bullying residents of Illinois and using our tax dollars to promote/support evil!

Gloria Renner
2 years ago
Reply to  Lynette Hoy

We have same problem in Michigan!! Our Gov is so set on destroying our land water and air! But we all need to stand together to fight against this tyranny!!

Leaving Soon, just not soon enough
2 years ago

You have to pay people to start a business in Illinois, otherwise no one would.

susan
2 years ago

What you describe is TIF; as executed in Illinois TIF is entirely corrupt and thoroughly destructive to the community/ politicaloutsiders.

Giddyap
2 years ago

Next time Pritzker does one of his morality lectures, ask him why he is the compliant prostitute for the Chinese Communist Party that has killed over 40 Million people and is still waging genocide against Uighur Muslims.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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