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

Group behind tariff challenge calls Pritzker’s refund check demand irrational

Group behind tariff challenge calls Pritzker’s refund check demand irrational

By Sean Reed | The Center SquareThe Center Square (The Center Square) – As over $86 billion has begun making its way back to small businesses impacted by tariffs imposed...
Abbott: Flooding worse in Kerrville this year than in 2025

Abbott: Flooding worse in Kerrville this year than in 2025

By Bethany BlankleyThe Center Square The historic rainfall in central and south Texas that continues to cause significant flooding is worse this year than it was during the historic July...
House Oversight to examine Medicare fraud, Smithsonian, DEI policies

House Oversight to examine Medicare fraud, Smithsonian, DEI policies

By Morgan SweeneyThe Center Square The U.S. House of Representatives Committee on Oversight and Government Reform is set to host three hearings on issues that have been ongoing priorities for...
Judge delays merger between Paramount and Warner Bros.

Judge delays merger between Paramount and Warner Bros.

By Chris WoodwardThe Center Square A federal judge Monday granted a temporary restraining order halting the $110 billion merger between Warner Bros. Discovery Inc. and Paramount Skydance Corp. A coalition...
Illinois news in brief: Ammons House investigation hearing set; IDOT requests public feedback; Duckworth reacts to service member's death

Illinois news in brief: Ammons House investigation hearing set; IDOT requests public feedback; Duckworth reacts to service member’s death

By Jim Talamonti | The Center SquareThe Center Square Ammons House investigation hearing set The Illinois House Special Investigative Committee appointed to look into alleged wrongdoings by Rep. Carol Ammons,...
Text messages aren’t ‘phone calls’ that can trigger class actions: Appeals panel

Text messages aren’t ‘phone calls’ that can trigger class actions: Appeals panel

By Jonathan Bilyk | Legal NewslineThe Center Square (Legal Newsline) - Text messages aren't "phone calls," and can't be used to bring class action lawsuits against companies for allegedly violating...
Darline Graham will file for full term succeeding brother Lindsey

Darline Graham will file for full term succeeding brother Lindsey

By Alan WootenThe Center Square U.S. Sen. Darline Graham, sworn in last Tuesday to fulfill the remainder of her brother Lindsey Graham’s term, said Monday she’ll file for the special...
Election 2026: Prisoners in historic release by Cooper consistent in pattern

Election 2026: Prisoners in historic release by Cooper consistent in pattern

By Alan WootenThe Center Square More than 700 prisoners released in addition to U.S. Senate candidate Roy Cooper’s historic settlement-based 3,500 have a pattern consistent with either homicide, sex offenses,...
Secretary of State says insurance reforms are not political

Secretary of State says insurance reforms are not political

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Secretary of State Alexi Giannoulias says he is offended by a state lawmaker’s suggestion that Giannoulias...
Details show speaker delayed lawmaker misconduct action

Details show speaker delayed lawmaker misconduct action

By Sean Reed | The Center SquareThe Center Square (The Center Square) – New investigative reporting revealed last week that Illinois House Speaker Emanuel “Chris” Welch knew of misconduct by...
Man suspected of using ‘incendiary device’ arrested outside NYC immigration court

Man suspected of using ‘incendiary device’ arrested outside NYC immigration court

By Chris WadeThe Center Square A man is in custody after allegedly setting off an "incendiary device" outside a federal immigration court building in New York City Monday morning, authorities...
Gubernatorial candidate calls for leadership overhaul, prison reforms

Gubernatorial candidate calls for leadership overhaul, prison reforms

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Independent Illinois gubernatorial candidate Collin Corbett says persistent staffing shortages, aging equipment and what he describes...
U.S. Supreme Court to hear Alaska plane confiscation case

U.S. Supreme Court to hear Alaska plane confiscation case

By Andrew RiceThe Center Square The U.S. Supreme Court agreed to hear a case over whether an Alaskan pilot's plane can be seized after he transported alcohol into a town...
Illinois news in brief: Chicago police review Illinois Accountability Commission report; Granite City man sentenced for transporting minor in sex assault case; Report finds Illinois' AI careers rank 34th in nation

Illinois news in brief: Chicago police review Illinois Accountability Commission report; Granite City man sentenced for transporting minor in sex assault case; Report finds Illinois’ AI careers rank 34th in nation

By Jim Talamonti | The Center SquareThe Center Square Chicago police review Illinois Accountability Commission report Chicago Mayor Brandon Johnson’s administration is encouraging people whose experiences are described in the...
Service member killed in action; remains found in search for one missing

Service member killed in action; remains found in search for one missing

By Sarah Roderick-FitchThe Center Square Another U.S. service member has been killed following Iranian strikes in the Middle East, as remains were found in the search for a missing military...