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
California attorney general, Homeland Security debate mask ban
TVA to keep two coal-fired power plants operating indefinitely
Lawmakers probe nationwide child care fraud
Cornyn files Defeat Sharia Law in America Act, another Texas-led effort
WATCH: Attorney cites positive impact of corruption trials 1 year after Madigan conviction
Illinois Quick Hits: $10M scheme alleged in heath care fraud case
WATCH: Trump terminates Obama-era climate change policy
Democrats tank DHS bill again, likely triggering partial govt shutdown
GOP governor candidate Heidner wants Illinois to ‘make,’ not ‘take’
WATCH: WA to distribute its store of abortion pills to clinics, possibly nationwide
Texas now leading in border security in the Arctic
Federal debt expected to climb, but how much debt can U.S. carry?