St. Louis Beacon - Illinois budget blueprint: $4 billion in borrowing, $2 billion in cuts, unpaid bills, higher taxes

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Illinois budget blueprint: $4 billion in borrowing, $2 billion in cuts, unpaid bills, higher taxes

By News organizations

Posted 4:29 am Wed., 3.10.10

The Illinois governor has called for a 33 percent hike in the state income tax rate. Chicago Tribune / The state has about $32.1 billion in spending obligations but expects to take in only get about $27.4 billion in revenue. | Springfield State Journal-Register

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Nation
- House joins Senate in overwhelmingly approving a congressional insider-trading ban:Now, the two chambers must get together to iron out differences before bill can go to the White House. | Politico
- Picture this: Kodak, in bankruptcy, will stop making digital cameras, pocket video cameras and digital picture frames. | Bloomberg
- Pentagon will ease rules on women in combat: The proposed regulations, expected to take effect this summer, would allow women to serve in non-infantry battalion jobs on the front lines. | LA Times
- States and banks negotiate $25 billion deal to help homeowners: The agreement is the broadest effort yet to help borrowers owing more than their houses are worth. | New York Times
Region
- Science Center lays off 24 employees to save more than $2 million: The move affects about 9 percent of the workforce and involve mostly full-time employees, including at least one top official. | STLtoday
- Less-intrusive screening for some passengers coming to Lambert, other airports: There will be no cost to eligible passengers, who would no longer have to remove their shoes and belts before they board flights. | AP
- Missouri teen gets life in prison, with possibility of parole, for killing her young neighbor: Alyssa Bustamante was 15 years old in 2009 when she killed 9-yaer-old Elizabeth Olten because she wanted to know how it would feel. | AP/Columbia Daily Tribune
- Lakin to spend additional year behind bars: The former Madison County powerbroker's federal sentence was extended following his guilty plea to state sex charges. | Belleville News-Democrat
World
- Greek leaders agree on package of harsh austerity measures: The changes were demanded by Greece’s financial backers in return for the country’s latest bailout, estimated at $172 billion. | New York Times
- After more shelling in Syria, Assad accused of genocide: Dozens are said to have died in sustained attack on city of Homs. | Telegraph
- Last known living World War I veteran dies at age 110: Florence Green was serving with the Women's Royal Air Force as a waitress at an air base in eastern England when the guns fell silent on Nov. 11, 1918. | AP
- After weeks of protest, first democratically elected president of Maldives resigns: Mohamed Nasheed told a televised news conference, "I don't want to run the country with an iron fist." | LA Times
Econ.
- Initial claims for unemployment aid fall to 358,000: The four-week moving average, a less-volatile measure of claims, declined to 366,250, the lowest since April 26, 2008. | Bloomberg
- Driven by demand for auto and student loans, Americans borrowed more than expected in December: An improving job market may be giving households the courage to take on more debt in order to sustain spending. | Bloomberg
- Job openings increased in December by the most in almost a year: The number of positions waiting to be filled climbed by 258,000, the biggest gain since February 2011, to 3.38 million. | Bloomberg
- Home sales rise in December to their highest level since last January: Historically low mortgage rates and a pickup in employment may be giving Americans the confidence to purchase homes that have fallen in value. | Bloomberg
Edu.
- Ten states will get waivers from requirements of No Child Left Behind: In a first round of waivers, Washington will give leeway to states that promise to improve how they prepare and evaluate students. | AP
- Nixon restores $40 million to his budget request for higher education: The money is part of a foreclosure settlement Missouri will get from the nation's five largest banks. | Columbia Daily Tribune
- Entire staff of LA elementary school is replaced during abuse investigation: Two teachers have been accused of lewd acts against students. | LA Times
- Nixon says Missouri universities should not make up lost state funding with big tuition hikes: He said they should try to keep increases at no more than annual cost of living. | AP/Springfield News-Leader

'The Road Show' improv

Brent Jones | St. Louis Beacon

This Saturday was the debut of a new show by The Improv Shop that will bring out of town improv teams to St. Louis to play for — and with — a local audience. The Road Show brought teams "Everybody Grok" and "Felt" from Chicago.

We talked to Eric Christensen, producer of the Road Show and member of local improv team "Ted Dangerous"; Katie Nunn, member of "Ted Dangerous" and improv coach; and Melanie Penn and Ranjan Khan, members of local teams "Melanj" and "Magic Ratio"; about the St. Louis improv scene and why it's important to welcome teams from other cities to perform here.

See a larger version of the slideshow

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