Chicago’s 2020 budget proposal was never truly balanced

By Adam Schuster, Bill Reveille
11/26/2019
Faced with the impossible task of balancing Chicago’s budget without pension reform, Mayor Lori Lightfoot is forced to partially rely on phantom cuts and revenues.

TAGS: bonds, budget, CAFR: Comprehensive Annual Financial Report, Chicago, Chicago City Council, Chicago City Hall, constitutional amendment, CTA: Chicago Transit Authority, CTU: Chicago Teachers Union, deficit, emergency fee, homelessness, housing market, ILGA: Illinois General Assembly, interest rates, library, Lori Lightfoot, Lyft, property taxes, Rahm Emanuel, real estate, real estate transfer tax, tax hikes, tax increase, TIF: Tax Increment Financing, Uber

Chicago takes pole position in race for Obama library, no tax dollars required

By Jane McEnaney
09/16/2014
On Sept. 15, the Barack Obama Foundation announced four semifinalists in the battle to build Barack Obama’s presidential library and museum. The four potential host sites include the University of Chicago, the University of Illinois at Chicago, Columbia University in New York City and the University of Hawaii. Holding two of the four slots, the...

TAGS: Barack Obama, library, Obama presidential library, taxes

Load More

Center for Poverty Solutions: How to better assess poverty in Chicago and America

America’s War on Poverty has been an abject failure. Nearly $12 trillion and 60 years later, official poverty rates remain basically unchanged. While the nation waged a well-intentioned assault on poverty, it inadvertently launched a far more sinister war: on dignity. While attempting to eradicate poverty, America created countless government welfare programs. In doing so,...

View Report

Report Archive

Blue Pacheco-Cornejo

Process for unionizing non-state workers raises red flags

By Paul Kersey
06/19/2014

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students

By Ted Dabrowski
05/02/2016