A new report shows how 13th Ward Chicago Alderman Marty Quinn and Illinois House Speaker Mike Madigan diverted tens of thousands of dollars in public funds toward political purposes.
The Illinois Sports Facility Authority paid $1.6 million for a September concert at Guaranteed Rate Field, featuring Diddy and Fat Joe, even though it had to cancel the event.
The state’s combined incentives package will reportedly include $1.4 billion in EDGE tax credits, $450 million in improvements, $250 million in new education and workforce programs, and more.
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.