Friday, January 9, 2009

New House Speaker Greg Stumbo files gambling legislation

Greg Stumbo has filed his gambling bill, according to press reports. It is House Bill 158. He is claiming he can raise $700 million dollars for, among other things, education. It will be interesting to hear how he thinks he can raise that much money from through gambling at a time when the gambling industry has been hit harder than most other businesses as a result of the financial crisis.

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