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Pritzker said the failure of his graduated income tax would leave Illinois with two options He s eliminated both of them | Government and Politics

Illinois has a nearly $4.9 billion backlog of unpaid bills and $141 billion in unfunded pension liabilities, plus another $4.3 billion in short-term debt. That includes $3.2 billion Illinois borrowed

Pritzker said the failure of his graduated-rate income tax would leave Illinois with two options He s eliminated both of them

UPDATE 1-China s annual rare earths exports slump to 5-year low

(Updates with background, analyst comment) Jan 14 (Reuters) - China’s rare earths exports fell to a five-year low last year, customs data showed on Thursday, after the coronavirus hit overseas demand and as more supply was used in domestic industries. Shipments reached 35,448 tonnes, down 23% from 46,330 tonnes in 2019 and the lowest since 2015, according to Reuters records. Exports in December were 4,168 tonnes, the General Administration of Customs said, up from 2,611.1 tonnes in November and also up from 3,657 tonnes in December 2019. China is the world’s dominant producer of rare earths, a group of 17 minerals prized for their use in everything from consumer electronics to military equipment.

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