Illinois quick hits: Madigan disbarred; taxpayers subsidize medical debt relief
Madigan disbarred
Former Illinois House Speaker Michael Madigan is no longer licensed to practice law in the Land of Lincoln.
The Illinois Supreme Court ruled Wednesday in favor of a motion to strike Madigan’s name from the state’s roll of licensed attorneys.
Last month, the longtime speaker and former Democratic Party of Illinois chairman began serving a 7.5 year prison term for public corruption.
Taxpayers subsidize medical debt relief
Gov. J.B. Pritzker says the the Illinois Medical Debt Relief Program has erased nearly $430 million in medical debt during its first year.
The fiscal year 2026 state budget includes a $15 million reappropriation to acquire and forgive outstanding medical debt for those who qualify.
To be eligible, individuals must be Illinois residents with household incomes at or below 400% of the federal poverty level, or their medical debt must equal 5% or more of their annual household income.
Texas man convicted for crypto scam
A federal jury in Chicago has convicted a Houston, Texas man of orchestrating a cryptocurrency scheme that bilked nearly 1,000 investors out of at least $14 million.
Robert Dunlap, 54, was convicted of two counts of mail fraud and faces a maximum of 40 years in federal prison.
Sentencing is set for Feb. 17, 2026.
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Illinois quick hits: State keeps more tax revenue, locals get less