Illinois quick hits: Chicago debt deal pushes payments down road

Illinois quick hits: Chicago debt deal pushes payments down road

Spread the love

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.

Leave a Comment





Latest News Stories

Education department rescinds Title IX resolution agreements

Education department rescinds Title IX resolution agreements

By Esther WickhamThe Center Square The U.S. Department of Education’s Office for Civil Rights on Monday rescinded portions of multiple resolution agreements, alleging that previous administrations expanded the interpretation of...
Illinois gun owners plan rally in wake of Supreme Court order

Illinois gun owners plan rally in wake of Supreme Court order

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – The Illinois State Rifle Association says gun owners have run out of options in a case challenging...
Artemis II mission breaks records Monday as astronauts observe far side of the moon

Artemis II mission breaks records Monday as astronauts observe far side of the moon

By Morgan SweeneyThe Center Square The astronauts of the Artemis II NASA mission made history just before 2 p.m. Eastern Monday when they traveled farther in their Orion spacecraft from...
Illinois quick hits: Illinois House speaker's son to attend private school; AFSCME workers set strike date at Illinois State University; IDOT urges public to avoid distracted driving

Illinois quick hits: Illinois House speaker’s son to attend private school; AFSCME workers set strike date at Illinois State University; IDOT urges public to avoid distracted driving

By Jim Talamonti | The Center SquareThe Center Square Illinois House speaker's son to attend private school Illinois House Speaker Emanuel “Chris” Welch, D-Hillside, says his son will attend a...
Federal-state showdown looms over regulation of prediction markets

Federal-state showdown looms over regulation of prediction markets

By Brett Rowland and Jon Styf | The Center SquareThe Center Square (The Center Square) – The federal government is telling states to back off attempts to regulate prediction markets...
No-knock warrant legislation brings Chicago victim, Illinois gun group together

No-knock warrant legislation brings Chicago victim, Illinois gun group together

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A diverse group of supporters are pushing to restrict no-knock search warrants in Illinois, but many law...
Trump promises 'complete demolition' in Iran as deadline looms

Trump promises ‘complete demolition’ in Iran as deadline looms

By Andrew RiceThe Center Square President Donald Trump promised "complete demolition" of Iran on Tuesday if the nation's leaders do not agree to a deal to reduce nuclear weapons development...
‘We leave no American behind’: President Trump details Easter rescue of downed airman

‘We leave no American behind’: President Trump details Easter rescue of downed airman

By Morgan SweeneyThe Center Square The successful Easter rescue of the downed F-15 airman who went missing in Iran was “one of the largest, most complex, most harrowing” combat search...
Michigan charges dentist in alleged 'massive' Medicaid fraud scheme

Michigan charges dentist in alleged ‘massive’ Medicaid fraud scheme

By Elyse ApelThe Center Square Michigan Attorney General Dana Nessel continues pursuing fraud cases across the state, announcing charges against a Macomb County dentist in what prosecutors described as a...
Illinois bill sparks debate over police privacy vs. public access

Illinois bill sparks debate over police privacy vs. public access

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – An Illinois lawmaker and law enforcement officer says a controversial proposal to change how police records...
Signature process begins to ban large data centers in Ohio

Signature process begins to ban large data centers in Ohio

By David BeasleyThe Center Square Sponsors of a proposed constitutional amendment that would ban the construction of any new large data centers in Ohio have cleared another hurdle in getting...
U.S. Supreme Court agrees to hear veteran's benefits challenge

U.S. Supreme Court agrees to hear veteran’s benefits challenge

By Andrew RiceThe Center Square The U.S. Supreme Court agreed on Monday to hear an Army veteran's challenge over reduced disability benefits. The court agreed to hear Johnson v. United...
Supreme Court declines to hear challenge to Illinois public transport gun ban

Supreme Court declines to hear challenge to Illinois public transport gun ban

By Andrew Rice | The Center SquareThe Center Square (The Center Square) – The U.S. Supreme Court on Monday declined to decide whether individuals can carry firearms on public transportation....
Illinois Quick Hits: Report says Pekin Bowling Center 'taxed out of business'

Illinois Quick Hits: Report says Pekin Bowling Center ‘taxed out of business’

By Jim Talamonti | The Center SquareThe Center Square Sunset Lanes in Pekin is set to close later this month as the bowling center’s owner says it is being “taxed...
Tiffany vows to end subsidies for data centers in Wisconsin

Tiffany vows to end subsidies for data centers in Wisconsin

By Jon StyfThe Center Square Wisconsin congressman and candidate for governor Tom Tiffany said that he will “end subsidies for data centers in Wisconsin” if he becomes governor. Tiffany was...