Due to its poor financial health and lagging economy, Illinois carries unique economic and fiscal risks from a prolonged market downturn or recession. The state must act now to mitigate harm from COVID-19.View Report
South Side Ald. Willie Cochran pleaded guilty March 21 to felony wire fraud for spending his ward’s charity funds on personal expenses. That’s 30 Chicago aldermen convicted of corruption since 1972.
In the midst of Chicago’s $36 billion pension crisis, former city officials are seeing big payouts.