Illinois Loses Big with Fiscal Cliff
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(AP) — Government experts who run the numbers estimate Illinois could lose $1 billion in federal revenue if President Barack Obama and Congress cannot reach a budget agreement and allow the economy to plunge off the so-called "fiscal cliff."
But more unpredictable — and perhaps more worrisome — is what impact another recession, spurred by the pos
...South Side Third-Grader Launches Toy Drive for Hurricane Sandy Victims
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CHATHAM — Unlike many children his age, Samuel Love is not spending too much time thinking about all the gifts he might get for Christmas.
Instead, the 9-year-old is busy organizing a local toy drive to benefit New York children affected by Hurricane Sandy.
"Christmas is a time of giving and sharing. Not many kids my age think about that, but I do,
...Former Mayor Daley's Nephew Due in Criminal Court
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...Quinn: Pension Problem is Illinois' 'Fiscal Cliff'
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CHICAGO (AP) — Gov. Pat Quinn says the pension crisis is Illinois' own fiscal cliff.
The Chicago Democrat spoke to reporters Monday during a breakfast event at Bloomberg's Chicago office.
He's set a Jan. 9 deadline to overhaul the pension system, which is underfunded by an estimated $96 billion. On that day, new lawmakers will be sworn in after a
Off-Duty Officer Wounded in Attempted Robbery
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