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.

Today Jul 24
Partly Sunny
81° 68°

Partly Sunny

💨 5 to 10 mph 💧 14%

Leave a Comment





Latest News Stories

Democrats push back against education department dismantling

Democrats push back against education department dismantling

By Esther WickhamThe Center Square Eighty-six House Democrats are urging the U.S. Department of Education to stop plans to transfer two key offices to other federal agencies, arguing the move...
Trump urges Senate GOP to pass $95B budget bill before August break

Trump urges Senate GOP to pass $95B budget bill before August break

By Thérèse BoudreauxThe Center Square President Donald Trump is urging Senate Republicans to approve the House’s $95 billion budget resolution before Congress leaves for the month of August. After congratulating...
New tariffs face lawsuit, fall short on revenue, analysis finds

New tariffs face lawsuit, fall short on revenue, analysis finds

By Brett RowlandThe Center Square Two American small businesses sued the Trump administration over its new forced-labor tariffs, arguing the government is preserving a global tariff regime the U.S. Supreme...
Illinois quick hits: United delays launch of service at Willard Airport

Illinois quick hits: United delays launch of service at Willard Airport

By Jim Talamonti | The Center SquareThe Center Square United delays launch of service at Willard Airport United Airlines has pushed back its planned service between Chicago and Champaign-Urbana. University...
Election 2026: Field increases in U.S. Senate special Republican primary

Election 2026: Field increases in U.S. Senate special Republican primary

By Alan WootenThe Center Square Led by U.S. Sen. Darline Graham, and U.S. Reps. Russell Fry and Ralph Norman, the field swelled on Friday in South Carolina’s U.S. Senate special...
Drivers pay more as gas tops $4 nationwide

Drivers pay more as gas tops $4 nationwide

By Alton WallaceThe Center Square The U.S. price of a gallon of regular grade gasoline remained above $4 a gallon for the fifth consecutive day on Friday as escalating Middle...
Trump warns China, Russia against aiding Iran amid escalating strikes

Trump warns China, Russia against aiding Iran amid escalating strikes

By Sarah Roderick-FitchThe Center Square Following another round of ramped-up strikes against Iran for the 13th consecutive night, President Donald Trump warned China and Russia Friday not to assist Iran...
Democratic members of Congress hold field hearing on ICE shooting in Houston

Democratic members of Congress hold field hearing on ICE shooting in Houston

By Bethany BlankleyThe Center Square Members of the Congressional Hispanic Caucus and U.S. House Homeland Security Committee, all Democrats, held a field hearing in Houston Friday to address concerns about...
Watchdogs target Rush for what they say is its‘woke’ agenda, misuse of tax dollars

Watchdogs target Rush for what they say is its‘woke’ agenda, misuse of tax dollars

By Tate Rosentreter | The Center Square contributorThe Center Square (The Center Square) – Two watchdog groups are calling attention to Rush University Medical Center in Chicago, one for what...
Healthcare fraud in California has made Medi-Cal "fiscally unsustainable"

Healthcare fraud in California has made Medi-Cal “fiscally unsustainable”

By Robert MattesonThe Center Square Following the Trump Administration’s pause on Medicaid funds in the state of California bover fraud concerns, government watchdogs are saying that Medicaid in the state...
Illinois quick hits: Gas prices continue slow climb

Illinois quick hits: Gas prices continue slow climb

By Jim Talamonti | The Center SquareThe Center Square Gas prices continue slow climb The average price for a gallon of regular unleaded gasoline in Illinois is 85 cents higher...
Pediatrics group wants to dismiss lawsuit against Florida attorney general

Pediatrics group wants to dismiss lawsuit against Florida attorney general

By Jonathan Bilyk | Legal NewslineThe Center Square (Legal Newsline) - Faced with the prospect of a potential landmark appellate court ruling against them, the American Association of Pediatrics has...
More pros than cons: ALEC panel discussion focuses on positives of data centers

More pros than cons: ALEC panel discussion focuses on positives of data centers

By Christine JohnsonThe Center Square While much of the national conversation about data centers focuses on the amount of energy and water they consume, the pros of building more of...
Trump hits 60 nations with forced-labor tariffs

Trump hits 60 nations with forced-labor tariffs

By Brett RowlandThe Center Square The Trump administration imposed forced-labor tariffs on 60 trading partners Thursday, covering most U.S. imports, but did not say what the duties will cost American...
Illinois news in brief: Year-over-year unemployment rates rise; Judge gives Rockford woman six months for stealing from booster club; Chicago Fed's National Activity index rises

Illinois news in brief: Year-over-year unemployment rates rise; Judge gives Rockford woman six months for stealing from booster club; Chicago Fed’s National Activity index rises

By Jim Talamonti | The Center SquareThe Center Square Year-over-year unemployment rates rise According to data released on Thursday by the U.S. Bureau of Labor Statistics and the Illinois Department...