Standard & Poor’s Ratings Services issued a two-notch downgrade to the Chicago Board of Education on Jan. 15, citing failure to address the district’s structural financial problems.
General Electric will move its corporate headquarters and 800 jobs to Boston, Mass., from Fairfield, Conn., noting its concerns about Chicago’s government-worker pension debt in its rejection of the Windy City.
Not only are city officials making Chicagoans pay more for services that aren't working, they are making them shoulder the highest tax burden in the state.
The Liberty Justice Center sued the city of Chicago in September to compel the city to stop collecting a 9 percent amusement tax on Internet-based streaming video, audio and gaming services.
As a majority of recently polled likely Chicago voters believe Mayor Rahm Emanuel should resign, AM 560’s Dan Proft and Pat Hughes, co-founder of the Illinois Opportunity Project, look ahead to the 2019 mayoral election and the possibilities for reform-minded candidates.
Madigan’s letter to the Justice Department came on the same day Chicago’s police superintendent, Garry McCarthy, resigned at the request of Mayor Rahm Emanuel.