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Illinois cities push their own legislative agenda

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From ILLINOIS NEWS NETWORK

More cities across Illinois are using most, if not all, of their share of property taxes to pay for public safety pensions and the Illinois Municipal League says state mandated sweeteners don’t help.

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Bob Michel remembered for civility, fairness

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michelRobert Michel, who during his 38 years representing the Peoria region in Congress was known to always put country ahead of party, died Friday in Arlington, Virginia. He was 93.

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Thousands in Illinois still underwater on their mortgages

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From ILLINOIS NEWS NETWORK

underwaterIllinois residents are more commonly underwater on their homes than nearly any other state.

A report released Thursday by ATTOM Data Solutions shows that more than 16 percent of Illinois’ homes are what they called “seriously...

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Midwest, central Illinois farmland values fall

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From ILLINOIS NEWS NETWORK

The Midwest has seen a third consecutive year of decreasing farmland values.

The Federal Reserve Bank of Chicago stated in its quarterly newsletter that a zone that includesfarming parts of Illinois, Michigan, Indiana and Iowa saw another decrease...

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NRF predicts retail sales will grow in 2017

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nrf logoA top retail trade association projects retail industry sales will increase between 3.7 percent and 4.2 percent in 2017; online sales could go up as much as 8 percent and 12 percent.

The National Retail Federation made the projections in its economic forecast for 2017. Its forecast excludes...

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AARP opposed to taxing retirement income

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From ILLINOIS NEWS NETWORK

A Chicago-based nonprofit says raising the Illinois income tax and taxing retirement income will fix the state’s budget mess. The nation’s largest advocacy group for retirees disagrees.

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Chris Kennedy announces run for Illinois governor

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chris kennedyA big name in national politics has entered the race for Illinois governor: Kennedy.

Chris Kennedy, son of Robert F. Kennedy, announced on Wednesday that he will seek the Democratic nomination for governor. He could ultimately be pitted against Republican incumbent Bruce...

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Rauner to discuss 'grand bargain' during budget address

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From ILLINOIS NEWS NETWORK

Gov. Bruce Rauner will use his budget address Wednesday to sound off on the so-called “grand bargain” being constructed in the state Senate.

Rauner has applauded Democratic leaders in the Senate for recognizing the need for economic reforms to grow the economy, but up to this point he’s been quiet on...

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Illinois has 7th highest sales tax in the country

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From ILLINOIS NEWS NETWORK

Illinois is among the top 10 most expensive sales tax states in the country, according to Washington D.C.-based Tax Foundation.

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