Chicago Mayor Rahm Emanuel has emphatically denied the Cubs’ request for more night games at Wrigley Field – continuing the decades-old hostile relationship between the team and city government.
Chicago Mayor Rahm Emanuel expressed little concern over Moody’s Investors Service’s announcement that it might downgrade Chicago’s already-junk-rated bonds over CPS budget problems.
In two separate deals with JPMorgan, CPS borrowed $387M to make a teacher pension payment at end of June and as a result of the deal, will accumulate at least $7M in interest.
Illinoisans already pay the nation’s fourth-highest wireless taxes. But a new bill awaiting Gov. Bruce Rauner’s signature would make this burden even heavier.
At a time when businesses are fleeing the state, a group of Chicago aldermen are attempting to revive the employer’s expense tax to bail out Chicago Public Schools.
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.