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The Latest Breaking News from Finance Committee

Hostile work environment in Chicago’s Department of Water Management triggers $950K settlement

Dilan Abreu, a 40-year veteran bricklayer, claims he was harassed, physically abused and retaliated against by the son of former Ald. Bernard Hansen due to an “unrestricted culture of overtly racist behavior and attitudes.”

Chicago Sun-Times

Budget cuts of £500m following new pay awards – Swinney

John Swinney said the Scottish Government had to make ‘difficult choices’ around the public finances.

The Independent UK

John Swinney sets out £500m savings warning of 'great pressure' on public services

JOHN Swinney has warned there has “never been a time of greater pressure” on public finances as he set out savings of £500m in planned spending…

The National (Scotland)

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Changes mulled to sweeping budget package as debate nears

Democrats may need to make some changes to the tax portion of their budget reconciliation package to earn the support of Arizona Sen. Kyrsten Sinema, including possible removal of a tax increase on investment fund managers and softening a new minimum tax on the biggest corporations.

Tribune News Service

Changes mulled to sweeping budget package as debate nears

Democratic leaders in the Senate need to woo Arizona Sen. Kyrsten Sinema, but some don't want to give away too much

Roll Call

Clean energy tax package undergoes substantial shifts

WASHINGTON — Democrats made concessions to get Sen. Joe Manchin III on board with spending hundreds of billions of dollars on clean energy incentives in the revamped budget package unveiled late Wednesday, but they were able to preserve versions of key pieces that he’d targeted as concerns.

Tribune News Service

Clean energy tax package undergoes substantial shifts - Roll Call

Democrats made concessions to get Sen. Joe Manchin III on board with spending hundreds of billions of dollars on clean energy incentives.

Roll Call

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NFL Finance Committee Recommends Approval of Bid to Buy Broncos

The NFL’s 32 teams will vote on the sale next month as part of the next step.

Sports Illustrated

Broncos could officially be bought by Walton-Penner Ownership Group on Aug. 9

Pending approval by the NFL’s Finance Committee, the Walton-Penner Ownership Group’s will have their purchase of the Broncos finalized Aug. 9 in Minneapolis, according to a league source.

The Denver Post

City Council’s Finance Committee OKs $11.2 million in settlements tied to alleged police wrongdoing

The largest settlement goes to Norman McIntosh, imprisoned 15 years for a murder he did not commit. He was released from Stateville Correctional Center in 2016 just hours after a judge vacated his conviction.

Chicago Sun-Times

Senate GOP pitches options for stalled competition bill - Roll Call

McConnell floats having House pass Senate version or moving $52 billion for semiconductor subsidies separately.

Roll Call

Far-left lawmaker to chair French parliament's powerful finance committee

Far-left France Unbowed (LFI) MP Eric Coquerel was on Thursday elected to the key post of president of the National Assembly's influential Finance Committee.

Radio France Internationale

Lightfoot uses disputed parliamentary maneuver to stave off speed camera defeat

Lacking the votes to prevent the City Council from raising the miles-per-hour threshold for speed camera tickets, mayoral allies delayed the vote for one meeting over strenuous objections from Ald. Anthony Beale (9th).

Chicago Sun-Times

Chicago aldermen back higher minimum for speed camera tickets. Mayor Lori Lightfoot calls that ‘unconscionable’

CHICAGO — Chicago Mayor Lori Lightfoot is making a public appeal to save one of her signature policies: ticketing drivers caught by automated speed cameras going as little as 6 mph over the limit.

Chicago Tribune

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Chicago Sun-Times

Lightfoot suffers embarrassing defeat — at the expense of speeding motorists

The Finance Committee vote was 16 to 15 to raise the 6 mph threshold that has generated an avalanche of tickets and $59 million in additional revenue since Lightfoot lowered the bar in March 2021.

Chicago Sun-Times

Lightfoot spared almost certain defeat on vote to raise speed camera ticket threshold

The City Council’s Finance Committee was poised to force the mayor to stop issuing $35 tickets to motorists caught going 6 to 9 mph over the speed limit when Chairman Scott Waguespack abruptly recessed the meeting.

Roll Call

Biden picks USDA veteran for USTR agriculture negotiator post - Roll Call

Biden chose an Agriculture Department veteran as his pick for an agriculture negotiator post at the Office of the U.S. Trade Representative.

Chicago Sun-Times

Finance Committee signs off on two more settlements stemming from allegations of police wrongdoing

Darrin Johnson claims Officer Ronald Ayala “failed to yield to a pedestrian, failed to keep a proper look out and was driving too fast” when he ran over Johnson, fracturing both his knees. He’s in line for a $400,000 settlement.

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Chicago Sun-Times

Mayoral allies oppose suspending rules to allow vote on revised City Council map proposal

Finance Committee Chairman Scott Waguespack and Ethics Committee Chair Michele Smith launched a pre-emptive strike, hoping to head off a vote on a new ward map Wednesday — a vote that could aid an eleventh-hour switch by the Latino Caucus and CHANGE Illinois.

The Independent UK

Bipartisan push on mental health crisis that COVID worsened

A major effort to overhaul care for people in the United States with mental health and drug problems is gaining traction in Washington

Chicago Tribune

Daniel Solis, ex-Chicago alderman-turned-FBI-mole, charged with bribery

CHICAGO — Former Chicago Ald. Daniel Solis, who turned government mole to help federal investigators build cases against Ald. Edward Burke and ex-House Speaker Michael Madigan, has been charged with a bribery count.

Chicago Sun-Times

Lightfoot to waive 3-cents-a-gallon gas tax hike until Dec. 31 to ease pain at pump

The city will forfeit about $18 million by temporarily reducing the gas tax. The tax money pays for snow removal, street paving, bridge maintenance and related personnel costs.

Chicago Sun-Times

Finance Committee OKs keeping demolition fees in Pilsen and along 606 trail

The surcharges, being extended for two more years, are $15,000 for demolishing a house, townhouse or two-flat and $5,000-per-unit for tearing down multi-unit residential buildings. Critics have said such fees steal equity from residents who “stuck it out through tough times.”

Nottingham Post

£3.3m to boost SEND provision at three schools in Nottinghamshire

The works are expected to be finished for all three schools by winter

The Independent UK

Holyrood Finance Committee convener slams Westminster ‘council tax swindle’

SNP MSP Kenneth Gibson hit out at the UK Government.

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