SPRINGFIELD, IL (AP) - Once again Illinois lawmakers are considering a list of tax breaks and other incentives to keep some companies in the state and attract others.
The most widely publicized proposal is a $24 million tax break aimed at persuading Archer Daniels Midland Company to keep its new global headquarters in Illinois.
Legislators at this week's fall session in Springfield also could be asked for a tax break to retain the company that emerges from a merger between OfficeMax Inc. of Naperville and Office Depot Inc., among others.
Some lawmakers say the state's bad finances make timing difficult for new such breaks.
Others say the state needs to take a harder look and adopt a more comprehensive way to scrutinize such incentives in the future.
CHICAGO (AP) — A poll shows strong opposition among older Americans to most proposals that would cut Social Security benefits.
The survey by the Associated Press-NORC Center for Public Affairs Research finds that about 6 in 10 people age 50 and older oppose changing the way cost-of-living raises are calculated or gradually raising the eligibility age for full Social Security benefits.
Many want more generous benefits. About one-third believes the eligibility age for full benefits should be below 65.
Respondents show more willingness to support proposals that primarily would impact high-earners.
About 4 in 10 people 50 and older support reducing benefits for seniors with higher incomes. About 6 in 10 support raising the cap on income subject to Social Security taxes.
NEW ORLEANS (AP) — A year ago, lawyers for BP and Gulf Coast residents and businesses took turns urging a federal judge to approve their settlement for compensating victims of the company's massive 2010 oil spill.
On Monday, the one-time allies will be at odds. Several months after U.S. District Judge Carl Barbier approved the deal, BP started complaining that the judge and court-appointed claims administrator misinterpreted the settlement. BP is worried it could be forced to pay billions of dollars for bogus or inflated claims by businesses.
Plaintiffs' attorneys who brokered the deal disagree. They want the 5th U.S. Circuit Court of Appeals to uphold the class-action settlement.
As of Friday, payments have been made to more than 38,000 people and businesses for an estimated $3.7 billion.
ST. CHARLES, Mo. (AP) — After months of investigation, authorities are dismissing an inmate's claim that he knew what happened to a 9-year-old St. Charles boy who disappeared 25 years ago.
Scott Kleeschulte was 9 when he went missing on June 8th, 1988 while walking near a wooded area not far from his home.
Chuck Miceli claimed a former cellmate abducted Scott. Miceli is a former Chicago-area police officer turned informant. He was sentenced to 20 years in prison in 2010 on a federal fraud charge.
Miceli was brought to St. Charles County by U.S. Marshals on June 17th and stayed while police investigated his claims.
St. Charles County prosecutor Tim Lohmar told the St. Louis Post-Dispatch the investigation yielded nothing new. Miceli was sent back to a federal prison in Florida.