Illinois continues to make national headlines with economic progress and shifting political currents. Following the recent CNBC rankings, Illinois achieved its highest ever position as the 13th best state for business, a significant leap from 30th just six years ago according to the governor’s office. The ranking credits improvements in education, infrastructure, technology, and workforce development. The state is now ranked third for education and holds top ten positions for infrastructure and innovation. Among the recent business developments, the Pure Lithium Corporation announced it will relocate from Boston to Chicago, bringing $46 million in investment and creating 50 new jobs, while Site Selection Magazine again recognized Cook and Lake counties among the nation’s economic development leaders.
The 2025 legislative session, which ran from January through May, introduced nearly 7,900 bills, with just over 400 advancing to the governor’s desk. Key state actions included passage of House Bill 2755, the fiscal year 2026 budget, which brings substantial tax changes for Illinois businesses such as altering income allocations related to S corporations and partnerships, and extending the reach of service taxes to remote sellers nationwide. Notable education funding shifts were also part of the new budget. Total K-12 education funding under the Illinois State Board of Education will be $15.9 billion, but with a 9 percent decrease over last year, balanced by targeted increases for evidence-based funding, after-school programs, and teacher mentoring initiatives. Additional resources went to special education, grants for inclusivity in school instruction, and support for visually impaired students.
Major infrastructure projects are underway as part of the state’s $500 million Site Readiness initiative, with $298 million directed to five projects in the Champaign-Urbana region alone. Big-ticket developments include reconstruction of the I-57/74 interchange and several bridge replacements. State officials say these investments are key to job creation and regional safety improvements.
On the political front, attention is turning toward the 2026 U.S. Senate race, with candidates responding to the federal “One Big, Beautiful Bill” signed by President Trump, which introduces sweeping cuts to social service programs. Illinois is projected to lose over $700 million for SNAP and face significant Medicaid reductions, with state officials voicing concern and strategizing to address the funding gap.
In local government, Chicago officials pressed for transparency among federal immigration agents following reports of masked actions, and a new ethics measure advanced to prevent interference in mayoral oversight investigations. Meanwhile, community associations across Illinois continued to advocate for reserve study legislation, stressing the importance of fiscal planning for the nearly four million Illinoisans living in association-managed homes.
Looking ahead, listeners should keep an eye on key infrastructure completion dates, ongoing campaign developments for looming Senate races, and unfolding impacts on health and nutrition programs following recent federal decisions. State leaders are also working to finalize the future uses of redeveloped sites under the new “Surplus to Success” program, which could shape Illinois’ economic landscape for years to come.
Thank you for tuning in, and remember to subscribe. This has been a Quiet Please production, for more check out quiet please dot ai.
Some great Deals https://amzn.to/49SJ3Qs
For more check out http://www.quietplease.ai
The 2025 legislative session, which ran from January through May, introduced nearly 7,900 bills, with just over 400 advancing to the governor’s desk. Key state actions included passage of House Bill 2755, the fiscal year 2026 budget, which brings substantial tax changes for Illinois businesses such as altering income allocations related to S corporations and partnerships, and extending the reach of service taxes to remote sellers nationwide. Notable education funding shifts were also part of the new budget. Total K-12 education funding under the Illinois State Board of Education will be $15.9 billion, but with a 9 percent decrease over last year, balanced by targeted increases for evidence-based funding, after-school programs, and teacher mentoring initiatives. Additional resources went to special education, grants for inclusivity in school instruction, and support for visually impaired students.
Major infrastructure projects are underway as part of the state’s $500 million Site Readiness initiative, with $298 million directed to five projects in the Champaign-Urbana region alone. Big-ticket developments include reconstruction of the I-57/74 interchange and several bridge replacements. State officials say these investments are key to job creation and regional safety improvements.
On the political front, attention is turning toward the 2026 U.S. Senate race, with candidates responding to the federal “One Big, Beautiful Bill” signed by President Trump, which introduces sweeping cuts to social service programs. Illinois is projected to lose over $700 million for SNAP and face significant Medicaid reductions, with state officials voicing concern and strategizing to address the funding gap.
In local government, Chicago officials pressed for transparency among federal immigration agents following reports of masked actions, and a new ethics measure advanced to prevent interference in mayoral oversight investigations. Meanwhile, community associations across Illinois continued to advocate for reserve study legislation, stressing the importance of fiscal planning for the nearly four million Illinoisans living in association-managed homes.
Looking ahead, listeners should keep an eye on key infrastructure completion dates, ongoing campaign developments for looming Senate races, and unfolding impacts on health and nutrition programs following recent federal decisions. State leaders are also working to finalize the future uses of redeveloped sites under the new “Surplus to Success” program, which could shape Illinois’ economic landscape for years to come.
Thank you for tuning in, and remember to subscribe. This has been a Quiet Please production, for more check out quiet please dot ai.
Some great Deals https://amzn.to/49SJ3Qs
For more check out http://www.quietplease.ai
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Illinois continues to make national headlines with economic progress and
shifting political currents. Following the recent CNBC rankings, Illinois achieved
its highest ever position as the thirteenth best state for business,
a significant leap from thirtieth just six years ago. According
to the Governor's office, the ranking credits improvements in education, infrastructure, technology,
(00:22):
and workforce development. The state is now ranked third for
education and holds top ten positions for infrastructure and innovation.
Among the recent business developments, the Pure Lithium Corporation announced
it will relocate from Boston to Chicago, bringing forty six
million dollars in investment and creating fifty new jobs, while
Site Selection magazine again recognized Cook and Lake Counties among
(00:44):
the nation's economic development leaders. The twenty twenty five legislative session,
which ran from January through May, introduced nearly seven thousand,
nine hundred bills, with just over four hundred advancing to
the Governor's desk. Key state actions included passage of House
Built two seven five five the fiscal year twenty twenty
six budget, which brings substantial tax changes for Illinois businesses,
(01:07):
such as altering income allocations related to s corporations and partnerships,
and extending the reach of service taxes to remote sellers nationwide.
Notable education funding shifts were also part of the new budget.
Total K twelve education funding under the Illinois State Board
of Education will be fifteen dollars and nine cents, but
with a nine percent decrease over last year, balanced by
(01:30):
targeted increases for evidence based funding, after school programs and
teacher mentoring initiatives. Additional resources went to special education grants
for inclusivity in school instruction and support for visually impaired students.
Major infrastructure projects are underway as part of the state's
five hundred million dollars site Readiness initiative, with two hundred
(01:51):
and ninety eight million dollars directed to five projects in
the Champagne Urbana region alone. Big ticket developments include reconstruction
of the I fifteen V seven seven to four interchange
and several bridge replacements. State officials say these investments are
key to job creation and regional safety improvements. On the
political front, attention is turning toward the twenty twenty six
(02:13):
US Senate race, with candidates responding to the federal One Big,
Beautiful Bill signed by President Trump, which introduces sweeping cuts
to social service programs. Illinois projected to lose over seven
hundred million dollars per snap and face significant Medicaid reductions,
with state officials voicing concern and strategizing to address the
(02:33):
funding gap. In local government, Chicago officials pressed for transparency
among federal immigration agents following reports of massed actions, and
a new ethics measure advanced to prevent interference in mayoral
oversight investigations. Meanwhile, community associations across Illinois continue to advocate
for reserve study legislation, stressing the importance of fiscal planning
(02:57):
for the nearly four million Illinoisans living in a sociation
managed homes. Looking ahead, listeners should keep an eye on
key infrastructure completion dates, ongoing campaign developments for looming Senate races,
and unfolding impacts on health and nutrition programs following recent
federal decisions. State leaders are also working to finalize the
(03:19):
future uses of redeveloped sites under the news Surflis to
Success program, which could shape Illinois's economic landscape for years
to come. Thank you for tuning in and remember to subscribe.
This has been a quiet please production. For more check
out Quiet Please dot AI
Illinois continues to make national headlines with economic progress and
shifting political currents. Following the recent CNBC rankings, Illinois achieved
its highest ever position as the thirteenth best state for business,
a significant leap from thirtieth just six years ago. According
to the Governor's office, the ranking credits improvements in education, infrastructure, technology,
(00:22):
and workforce development. The state is now ranked third for
education and holds top ten positions for infrastructure and innovation.
Among the recent business developments, the Pure Lithium Corporation announced
it will relocate from Boston to Chicago, bringing forty six
million dollars in investment and creating fifty new jobs, while
Site Selection magazine again recognized Cook and Lake Counties among
(00:44):
the nation's economic development leaders. The twenty twenty five legislative session,
which ran from January through May, introduced nearly seven thousand,
nine hundred bills, with just over four hundred advancing to
the Governor's desk. Key state actions included passage of House
Built two seven five five the fiscal year twenty twenty
six budget, which brings substantial tax changes for Illinois businesses,
(01:07):
such as altering income allocations related to s corporations and partnerships,
and extending the reach of service taxes to remote sellers nationwide.
Notable education funding shifts were also part of the new budget.
Total K twelve education funding under the Illinois State Board
of Education will be fifteen dollars and nine cents, but
with a nine percent decrease over last year, balanced by
(01:30):
targeted increases for evidence based funding, after school programs and
teacher mentoring initiatives. Additional resources went to special education grants
for inclusivity in school instruction and support for visually impaired students.
Major infrastructure projects are underway as part of the state's
five hundred million dollars site Readiness initiative, with two hundred
(01:51):
and ninety eight million dollars directed to five projects in
the Champagne Urbana region alone. Big ticket developments include reconstruction
of the I fifteen V seven seven to four interchange
and several bridge replacements. State officials say these investments are
key to job creation and regional safety improvements. On the
political front, attention is turning toward the twenty twenty six
(02:13):
US Senate race, with candidates responding to the federal One Big,
Beautiful Bill signed by President Trump, which introduces sweeping cuts
to social service programs. Illinois projected to lose over seven
hundred million dollars per snap and face significant Medicaid reductions,
with state officials voicing concern and strategizing to address the
(02:33):
funding gap. In local government, Chicago officials pressed for transparency
among federal immigration agents following reports of massed actions, and
a new ethics measure advanced to prevent interference in mayoral
oversight investigations. Meanwhile, community associations across Illinois continue to advocate
for reserve study legislation, stressing the importance of fiscal planning
(02:57):
for the nearly four million Illinoisans living in a sociation
managed homes. Looking ahead, listeners should keep an eye on
key infrastructure completion dates, ongoing campaign developments for looming Senate races,
and unfolding impacts on health and nutrition programs following recent
federal decisions. State leaders are also working to finalize the
(03:19):
future uses of redeveloped sites under the news Surflis to
Success program, which could shape Illinois's economic landscape for years
to come. Thank you for tuning in and remember to subscribe.
This has been a quiet please production. For more check
out Quiet Please dot AI
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
My Favorite Murder with Karen Kilgariff and Georgia Hardstark
My Favorite Murder is a true crime comedy podcast hosted by Karen Kilgariff and Georgia Hardstark. Each week, Karen and Georgia share compelling true crimes and hometown stories from friends and listeners. Since MFM launched in January of 2016, Karen and Georgia have shared their lifelong interest in true crime and have covered stories of infamous serial killers like the Night Stalker, mysterious cold cases, captivating cults, incredible survivor stories and important events from history like the Tulsa race massacre of 1921. My Favorite Murder is part of the Exactly Right podcast network that provides a platform for bold, creative voices to bring to life provocative, entertaining and relatable stories for audiences everywhere. The Exactly Right roster of podcasts covers a variety of topics including historic true crime, comedic interviews and news, science, pop culture and more. Podcasts on the network include Buried Bones with Kate Winkler Dawson and Paul Holes, That's Messed Up: An SVU Podcast, This Podcast Will Kill You, Bananas and more.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.