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Peoria Standard

Thursday, June 5, 2025

Madigan faces federal corruption trial amid ongoing investigations

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State Representative Ryan Spain (il) | Representative Ryan Spain (R) 73rd District Deputy Republican Leader

State Representative Ryan Spain (il) | Representative Ryan Spain (R) 73rd District Deputy Republican Leader

Mike Madigan, the former Illinois House Speaker and a key figure in state politics, is facing a federal corruption trial. Known for his influence in Springfield, Madigan's trial begins at the Dirksen Federal Courthouse. The FBI's decade-long investigation into his activities led to significant indictments and altered Chicago's political landscape. Prosecutors are tasked with proving Madigan's guilt in a racketeering conspiracy. Alongside him stands Michael McClain, who was previously convicted of bribery-related charges involving Madigan.

In other news, Hurricane Helene has caused severe damage across several states, becoming the deadliest hurricane since Katrina in 2005. States like Florida and North Carolina have been severely affected, with hundreds missing and numerous fatalities reported. Officials emphasize financial donations over physical goods to aid recovery efforts.

The Commission on Government Forecasting and Accountability (CGFA) reports a decline in Illinois State revenue for September 2024 compared to the previous year. Corporate income tax payments and sales tax receipts have dropped significantly, reflecting economic concerns among consumers.

A CGFA report highlights worsening pension deficits in Chicago and Cook County. The city's retirement systems show unfunded liabilities amounting to $51.6 billion, raising concerns about future solvency.

Applications for the Low-Income Home Energy Assistance Program (LIHEAP) are now open for eligible households needing help with energy bills.

The completion of a shoreline-preservation project at Illinois Beach State Park aims to protect against erosion along Lake Michigan’s shores.

As fall arrives, Illinois remains the leading pumpkin producer in the U.S., contributing significantly to national production through its processing plants in Morton and Princeville.

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