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Biden says he’ll stay in 2024 race while Illinois rep calls for him to step aside

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Biden says he’ll stay in 2024 race while Illinois rep calls for him to step aside


Biden says he’ll stay in 2024 race while Illinois rep calls for him to step aside – CBS Chicago

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A defiant President Biden on Friday declined to agree to an independent neurological assessment and suggested the only thing that might persuade him he could lose to former President Donald Trump is if the “Lord Almighty” came down and told him so.

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Illinois

Capitol Briefs: Federal agency opposes new state law; Pritzker to lead trade mission to Japan | Capitol News Illinois

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Capitol Briefs: Federal agency opposes new state law; Pritzker to lead trade mission to Japan | Capitol News Illinois


The Biden administration is asking a federal judge to halt Illinois’ first-in-the-nation law curtailing credit card “interchange fees” before it goes into effect next summer.

When fully implemented in July 2025, the law will curtail banks’ ability to charge those fees on the tax and tip portion of debit and credit card transactions.

After a coalition of financial institutions sued over the law in federal court this summer, federal officials this week sided with the banks. The Office of the Comptroller of the Currency – an independent bureau within the U.S. Department of Treasury – wrote in a legal brief that Illinois’ law is both “bad policy” and in conflict with federal law.

The filing, published Wednesday, frames interchange fees as a “core feature of an intricately designed nationwide payments system.”

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“The Illinois Interchange Fee Prohibition Act is an ill-conceived, highly unusual, and largely unworkable state law that threatens to fragment and disrupt this efficient and effective system,” the brief said. “Although the IFPA’s requirements are vague and ambiguous in many respects, this much is clear: the IFPA prevents or significantly interferes with federally-authorized banking powers that are fundamental to safe and sound banking and disrupts core functionalities that drive the Nation’s economy.”

The law, which Gov. JB Pritzker and Democrats in the General Assembly approved as part of the state’s budget process earlier this year, was a concession to the Illinois Retail Merchants Association. Retailers had been opposed to the governor’s proposed cap on a tax deduction historically granted to them for collecting the state sales tax.

IRMA leaders defended the law last week, while Pritzker on Thursday said the Biden administration’s filing was “not something that I’m deeply concerned about.”

“When things get brought to court, you never know how they’ll turn out,” he said at an unrelated event. “I think this one is one that can be defended well and we’ll end up with the law we have on the books being affirmed.”

 

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Pritzker’s Japan trade mission

Pritzker is also set to join state legislative and business leaders on a trade mission to Japan next week to explore clean energy, manufacturing, life sciences, quantum, and other “key growth industries,” according to the governor’s office.

Members of the delegation will meet with their counterparts in Tokyo to discuss strengthening economic ties between the state and the island nation.

The delegation represents what the governor’s office calls “Team Illinois” – a group of government and business officials that work to secure business and economic development partnerships. While it started informally, it’s now a key element of the Pritzker administration’s five-year plan for attracting businesses to the state.

In total, about four dozen lawmakers, economic development officials, academics and businesspeople will join the governor on the trip. Among them are House Speaker Emanuel “Chris” Welch, D-Hillside, and Senate President Don Harmon, D-Oak Park.

Christy George, the CEO of Intersect Illinois, is also joining the delegation. Intersect Illinois is the private economic development organization started by then-Gov. Bruce Rauner that has since become a go-between for businesses looking to relocate to Illinois and state government. It works on marketing and site selection in partnership with the state’s Department of Commerce and Economic Opportunity.

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George stepped into the role in mid-September after working as the executive director of the Democratic National Convention’s 2024 Host Committee. Prior to that, George worked in Pritzker’s administration as an assistant deputy governor and as the executive director of the Illinois Commerce Commission.

Others heading to Japan include representatives of PsiQuantum and TCCI, both of which have received multimillion-dollar tax incentives from DCEO since last summer. The heads of the state’s major utilities, representatives from the University of Illinois and University of Chicago, and heads of several business-related lobbying organizations are also set to join the delegation.

The Pritzker administration has led similar trade missions to the United Kingdom and Canada in recent years. The governor’s first trade mission, in 2019, was also in Japan.

Since then, Illinois exports to Japan have increased 31.7% while imports from Japan have fallen 22.4%, according to the governor’s office.

 

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Capitol News Illinois is a nonprofit, nonpartisan news service that distributes state government coverage to hundreds of news outlets statewide. It is funded primarily by the Illinois Press Foundation and the Robert R. McCormick Foundation.



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Illinois and Indiana lottery players win $1 million in Powerball

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Illinois and Indiana lottery players win  million in Powerball


An Illinois Lottery player won a $1 million prize on a Powerball ticket.

The winning ticket Wednesday matched all five numbers: 1-2-21-37-43 and was purchased online via the Illinois Lottery app. The person has one year to claim their money.

While nobody hit the $274 million Powerball jackpot, another player in Indiana also matched five out of five numbers, winning $1 million as well. The next Powerball drawing is Oct. 5 and the estimated jackpot is $295 million.

Powerball tickets are $2 each.

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More: After $2.04 billion Powerball win, Edwin Castro bought 2 multimillion-dollar homes in 2 weeks

More: Visitor wins over $38K on slot machine bet at East Peoria casino

This article originally appeared on Journal Star: Illinois lottery player wins $1 million on Powerball ticket



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Illinois opens enrollment for LIHEAP energy financial assistance program

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Illinois opens enrollment for LIHEAP energy financial assistance program


SPRINGFIELD, Ill. (WCIA) — The Illinois Department of Commerce and Economic Opportunity revealed details on this year’s Low Income Home Energy Assistance Program this week to help low-income households with utility costs.

$226 million will be provided to eligible families to assist with natural gas, propane, and electricity bills and furnace assistance.

Families that earn up to two times the federal poverty level can receive LIHEAP payments. State leaders encourage all eligible families to apply.

“Every Illinoisan deserves to be able to keep the lights on and stay warm as we head into winter,” Governor JB Pritzker said.

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Springfield agency awarded grant to help people enroll in health care

For the month of October, the program is accepting applications from:

  • adults 60 years old or older

  • individuals with a disability

  • families with children five years old or younger, and

  • households that are disconnected from their utilities, have a disconnection notice or have less than 25% in their propane tank.

Other households can apply on November 1. The application period closes Aug. 15, 2025, or when funds are exhausted.

“LIHEAP is an essential program for families across Illinois,” DCEO Director Kristin Richards said. “This priority application system will ensure families with the most critical need have the resources and information necessary to secure reliable access to energy utilities.”

More than 333,000 households in the state received LIHEAP funding last year, with the average amount of financial assistance being $724 per household.

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Families can apply at Help Illinois Families’s website. Anyone needing assistance can call 1-833-711-0374 for help in one of 30 languages.

Copyright 2024 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

For the latest news, weather, sports, and streaming video, head to WCIA.com.



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