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Kane County Reporter

Wednesday, October 16, 2024

Illinois' former speaker Mike Madigan faces federal corruption trial

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State Representative Dan Ugaste (IL) | Representative Dan Ugaste (R) 65th District

State Representative Dan Ugaste (IL) | Representative Dan Ugaste (R) 65th District

Mike Madigan, once a key figure in Illinois politics, is now facing a federal corruption trial. The former Illinois House Speaker, known for his quiet yet powerful influence in Springfield, is set to appear at the Dirksen Federal Courthouse. This follows a decade-long investigation by the FBI into his activities, resulting in significant indictments and revelations.

Prosecutors are tasked with proving Madigan's involvement in a racketeering conspiracy. The trial will be overseen by U.S. District Judge John Blakey and will include jurors from across Illinois. Alongside Madigan is Michael McClain, a longtime associate convicted last year of bribery-related charges.

Madigan led the Illinois House for 36 years before resigning in 2021. Prosecutors allege he operated a criminal enterprise that boosted his political power and benefited his associates financially. McClain is accused of acting on behalf of this "Madigan Enterprise," making unlawful demands while protecting Madigan from legal consequences.

In financial news, the Commission on Government Forecasting and Accountability (CGFA) reports continued revenue decline for Illinois based on data from the Department of Revenue and other state departments. September 2024 saw general funds receipts drop by $657 million compared to the previous year.

Corporate income tax payments decreased by $89 million, while sales tax payments fell by $45 million year-over-year. These declines suggest economic concerns among consumers may be impacting spending decisions.

The CGFA also highlights worsening pension issues in Chicago and Cook County. A report indicates that many local pension funds face substantial deficits due to an imbalance between actuarial assets and liabilities.

Meanwhile, applications are open for the Low-Income Home Energy Assistance Program (LIHEAP), which helps qualified households with energy bills until August 15, 2025 or until funds run out.

In environmental news, a shoreline-preservation project at Illinois Beach State Park has been completed to combat erosion along Lake Michigan's beaches. The $73 million project involved constructing breakwaters using riprap to protect against wave damage.

Finally, Illinois continues its reign as the top pumpkin-producing state in the U.S., contributing over 650 million pounds annually—nearly 40% of national production—with major processing plants located in Morton and Princeville.

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