Flawed property valuations and the process required to fix them are a cash cow for law firms, including those of House Speaker Mike Madigan, Chicago Alderman Ed Burke and Illinois Senate President John Cullerton.

The state of Illinois has paid $611 million in late fees to vendors. Political insiders who have donated to some of the state’s most powerful elected officials are reaping the benefits.

Emanuel says, ‘we haven’t left any stone unturned ... not done yet’

A federal mandate threatens to shut down Metra lines while Rahm’s ‘congestion tax’ would make it costlier for commuters to drive into the city.

Chicago Mayor Rahm Emanuel calls for property-tax hikes, garbage-collection fees and ridesharing surcharges as a stop-gap measure to plug the city’s $750 million budget hole.