Illinois quick hits: Chicago debt deal pushes payments down road
Chicago debt deal pushes payments down road
Chicago Mayor Brandon Johnson is reportedly structuring the city’s debt with a deal that makes no payments for the next three-plus years. The Chicago Tribune Editorial Board found that the city is preparing to solicit bond investors for more than $500 million to cover back pay owed to firefighters and anticipated costs to settle lawsuits.
The report says the cost of the debt is likely to rise as investors demand higher yields in response to Chicago’s precarious financial condition.
Man sentence to 15 years for producing child porn
A district judge has sentenced a Richland County man to 28 years in federal prison plus 15 years of supervised release after he admitted to producing child pornography.
According to court documents, a mother discovered cell phone video of her 13-year-old engaging in sexual acts with Joseph Jared St. Pierre, 37, of Olney in July 2024.
State Reparations Commission issues report
The Illinois African Descent-Citizens Reparations Commission has released a 294-page document examining how slavery and its vestiges produce historical harms and continue to generate inequities for Black Illinoisans.
The commission said the report will help inform debate over how to repair and redress the damage. The report authors said it was beyond the scope of the document to determine what the remedies should be.
Latest News Stories
Commission Grants Green Garden Solar Farm Project Variance Extension
Peotone School Committee: Issue $4.85M Bond to Cover Deficit, Maxing Out Debt Capacity
Will County Committee Advances Phased Takeover of Central Will Dial-A-Ride Service
Everyday Economics: Rate cut debate: Reading mixed signals in a fragile economy
Arizona looks to legal immigration with Trump’s border security
Ranchers decry beef imports from Argentina, expert says good start
Lawmakers introduce bills to slash their own pay during government shutdowns
Trump considers military action to stop Christian genocide in Nigeria
94% of sanctioned scholars suffered from free speech attacks
Illinois soybean farmers face uncertainty amid MAHA push against seed oils
Family-based visa quotas cause system backlogs
Death threats against ICE officers up by 8,000%, DHS says