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Obama warns against fear and panic as stocks tumble
AFP

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Illinois Democrats aim for bigger legislative majority
Chicago Tribune

O'CONNOR: Cross and Republicans also are telling voters to expect an income tax increase to deal with the state's financial woes if Democrats get a supermajority. Blagojevich opposes a tax increase. Steve Brown, spokesman for House Speaker Michael Madigan, dismissed Cross' claim and said he was unaware of any tax increase in the works. Even so, Madigan said in January 2007 he was prepared to make "unpopular choices" to fix the budget, noting he'd supported income tax increases and budget cuts in the past. Blagojevich, whose administration faces multiple investigations over hiring and fundraising, also is extremely unpopular with voters. And even if Democrats have a banner year, he will lose his strongest legislative ally, Senate President Emil Jones, who is retiring in January.

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