Gov. Pat Quinn has been touting 100,000 new Cook County enrollees as evidence of ObamaCare’s success. The reality is that this claim reflects both desperate and creative government accounting. The governor was referring to 100,000 people who enrolled in the state’s Medicaid expansion program earlier this year under an early pilot project in Cook County....
Chicago’s fiscal crisis just got worse. Last month, the city received a rare triple-notch downgrade from Moody’s Investors Service, to A3 from Aa3. Now, Chicago’s parent government, Cook County, has received a downgrade of its own. Moody’s Investors Service downgraded Cook County’s general obligation bond rating to A1 from Aa3 due to the county’s “growing...
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.