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

WATCH: Pritzker IDs half billion in ‘reserves;’ SCOTUS considering gun ban challenge

WATCH: Pritzker IDs half billion in ‘reserves;’ SCOTUS considering gun ban challenge

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square's Greg Bishop discusses a recent announcement...
Proposed Illinois bill would let local voters approve rent control, drawing sharp criticism

Proposed Illinois bill would let local voters approve rent control, drawing sharp criticism

By Cat Barker | The Center Square contributorThe Center Square (The Center Square) – A proposed Illinois bill, the “Let the People Lift the Ban Act," SB2884, would let local...
Businesses close in Minnesota for anti-ICE ‘economic blackout’

Businesses close in Minnesota for anti-ICE ‘economic blackout’

By Elyse ApelThe Center Square Many businesses across Minnesota closed today as part of an ‘economic blackout’ to protest U.S. Immigration and Customs Enforcement. This comes in response to calls...
House GOP: Climate lawyers could be improperly influencing judges

House GOP: Climate lawyers could be improperly influencing judges

By John O’Brien | Legal NewslineThe Center Square WASHINGTON – The U.S. House Judiciary Committee is asking for answers from one of the lawyers pushing climate-change cases against Big Oil,...
Music teacher Larry DeWeese addressed the board on January 21st.

Community Urges Board to Reconsider Teacher Cuts

By Andrea Arens A little less than a dozen students, parents, and community members addressed the Peotone School Board this week, urging district leaders to reconsider the elimination of a...
Illinois Quick Hits: Higher ed board pushes for more spending

Illinois Quick Hits: Higher ed board pushes for more spending

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Board of Higher Education has approved a 4.5% spending increase in its budget for fiscal...
Will County Board Graphic.02

County Committee Proposes Federal Study on “Legacy Pollution” Near Joliet and Romeoville Refineries

Article Summary: In a draft lobbying platform presented to the Will County Board, the Legislative Committee outlined a request for a federal study to identify and mitigate health risks in...
ABA can’t end anti-white scholarship discrimination lawsuit

ABA can’t end anti-white scholarship discrimination lawsuit

By Jonathan Bilyk | Legal NewslineThe Center Square The American Bar Association can't escape a lawsuit accusing the group, tasked with setting national ethical and professional standards for lawyers and...
Winter storm to cause widespread disruption, states of emergency

Winter storm to cause widespread disruption, states of emergency

By Andrew Rice and Ava OttThe Center Square A major winter storm is expected to bring significant snowfall and widespread disruption across the Mid-Atlantic and Northeast this week, according to...
AGs call on 'climate cartel' to uphold consumer protections

AGs call on ‘climate cartel’ to uphold consumer protections

By Andrew RiceThe Center Square Six state attorneys general called on the nonprofit climate company Ceres, Inc. to halt all conduct they say is in violation of antitrust and consumer...
Pritzker says $481.6 million put in reserves, GOP questions state spending

Pritzker says $481.6 million put in reserves, GOP questions state spending

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – One day after an Illinois state representative said there was no budget transparency from J.B. Pritzker’s office,...
Last four government spending bills pass U.S. House

Last four government spending bills pass U.S. House

By Thérèse BoudreauxThe Center Square The U.S. House finished the last of its fiscal year 2026 appropriations work Thursday with the passage of the last four government funding bills, sending...
Illinois Quick Hits: HHS: IL abortion referral rule violates federal law

Illinois Quick Hits: HHS: IL abortion referral rule violates federal law

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The U.S. Department of Health and Human Services has notified Illinois officials that the state is violating...
Vance blasts media, defends ICE during Minneapolis visit

Vance blasts media, defends ICE during Minneapolis visit

By Elyse ApelThe Center Square Vice President J.D. Vance called out the mainstream media and protestors during a Thursday afternoon news conference from Minneapolis. “Frankly, a lot of the media...
Trump says Greenland deal underway despite few details

Trump says Greenland deal underway despite few details

By Brett RowlandThe Center Square President Donald Trump said Thursday a deal structure regarding Greenland is developing after he stepped back from threatened tariffs on European allies, which he previously...