Chicago’s pension systems for city workers have $51 billion in debt, so much that they are in worse shape than 43 states. Fixing them requires Chicago’s mayor to push for a change in the Illinois Constitution.
Despite claims of Chicago’s improving financial condition, the $48 billion in pension debt for the city’s core retirement systems continues to loom over its fiscal future.
The FBI wiretap of Mike McClain's phone is an indication authorities could be looking into criminal activity between House Speaker Mike Madigan and utility giant ComEd.
As previously undisclosed subpoena adds another angle to federal agents’ activity surrounding the longtime House speaker and chairman of the Democratic Party of Illinois.
As lawmakers consider massive tax hikes on Illinoisans, they should look to consolidate nearly 7,000 units of local government and to cut their high administrative costs.