Illinois' Attorney General is suing the nation's largest student loan company for putting students into debt the company knew they couldn't repay. Lisa Madigan's office filed the suit yesterday against Navient, which used to be part of Sallie May. Madigan is alleging deceptive practices. Navient says the lawsuit is politically motivated.
Even with an income tax increase and a tax on sugary drinks, Illinois' proposed 'grand bargain' spends far more than it brings in. Governor Rauner's budget office and House Republicans yesterday both said the package of taxes and potential reforms could add almost two-and-a-half-billion dollars to the state's deficit. The plan in the Illinois Senate is seen as the starting point for a new state budget. But the new analysis may mean lawmakers are back to square one.
Unit 5 schools say they're still waiting for school bus and special ed money. District leaders last night said the six-million dollars they're owed for state mandated work is putting real pressure on their budget. Some schools have been told they're not going to get the money The State Board of Education says the timing of checks is up to Illinois' comptroller.
CNN’S “CREDIBILITY?”–OBAMA’S COMMUTATIONS: SINCE WHEN DID WE MAKE HEROES OUT OF TRAITORS AND TERRORISTS?–BUSEY BANK SEGMENT–CNN TALKS ABOUT WHAT HAPPENS SHOULD TRUMP AND PENCE GET KILLED BEFORE TAKING THE OATH…WOW, THAT’S SOME STUNNING JOURNALISM, WOLF