Chicago

Sebelius uses video contest to attract young people to ObamaCare

By Naomi Lopez Bauman
08/26/2013
U.S. Health and Human Services Secretary Kathleen Sebelius recently announced a video contest offering cash prizes to young people for pro-ObamaCare videos. According to Sebelius: “Soon the Health Insurance Marketplace will give uninsured young people the opportunity to enroll in affordable health insurance, and the Healthy Young America video contest will help them tell their stories to other young...

TAGS: Kathleen Sebelius

Detroit: A story that must be told

By Ted Dabrowski
08/23/2013
Two weeks ago I took in the demise of Detroit with my own eyes. I was fortunate to be with my colleague, Detroit native Paul Kersey. As we embarked on the trip, he told me “Detroit is a story that must be told.” He was right. I’d seen the pictures and knew the history, but...

TAGS: Detroit

Chicago’s Divvy bike-sharing program costing taxpayers big

By Brian Costin
08/22/2013
Divvy bike stations are expanding throughout Chicago, offering riders low membership costs and 24-hour rental fees. But this multimillion-dollar project is bringing in only a fraction of the money necessary to fund it. Last year, the city of Chicago announced a controversial $65 million contract with ALTA Bicycle Share to operate a 4,000 bicycle bike-share program in...

TAGS: Chicago, Divvy

Chicago’s latest money grab: 300 speed cameras could generate up to $4.3 billion in fines from local motorists

08/21/2013
Cash-strapped Chicago is about to get an injection of money from motorists. The city is installing its controversial speed cameras at four neighborhood parks on Monday, and has plans for eight additional locations in the next few months. The city announced the results from a test of the new technology that showed surprising results. During a December trial,...

TAGS: Chicago, speed cameras

Parents and students lost in the CPS struggle over power and money

08/20/2013
When Chicago Public Schools, or CPS, unveiled its list of 50 schools to be closed this past summer, Chicago Teachers Union, or CTU, President Karen Lewis acted as if the union she leads was a victim of the city’s $1 billion deficit — not a willing accomplice in its creation. Lewis will probably never say...

Brady proposes voucher plan for displaced CPS students

08/20/2013
The parents of the 30,000 displaced Chicago Public Schools, or CPS, students’ who will be attending new schools this fall are worried about their children’s futures. These fears are reasonable – what parent wouldn’t we be concerned about having their child walk to school along a Safe Passage route that was recently the scene of...

Moody’s credit downgrades: Illinois, Chicago area, take beating

08/19/2013
The recent string of credit downgrades by Moody’s Investors Service should leave little doubt what the rating agency thinks of Illinois’ worsening fiscal crisis. For the past few years the state’s five state-run pension funds have garnered most of the negative attention in Illinois. Moody’s has already designated Illinois’ debt as the riskiest of any...

TAGS: Chicago, downgrade

Cook County’s debt downgraded: pension liabilities double under Moody’s new methodology

By Ted Dabrowski
08/17/2013
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...

TAGS: Chicago, Cook County, downgrade