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
Cybersecurity, Tactical Gear, and Mosquito Management Lead Frankfort’s Latest Bill Approvals
Meeting Summary and Briefs: Frankfort Village Board for May 18, 2026
WATCH: Experts say increased spending doesn’t mean better students
‘Taxpayers deserve to know’: Experts applaud Trump’s drug price transparency expansion
Tourism spending, Springfield investment bill considered as budget deadline nears
DOJ sues four states over denial of undercover license plates to federal agents
Constitutional questions raised over digital age verification bill
DHS threatens to halt customs processing at airports in sanctuary cities
Illinois Quick Hits: CTE bill goes to House after clearing Senate
Debt confidence hits two-year low amid affordability concerns
Candidates debate healthcare for Nevada primary
ExxonMobil shareholders approve plan to redomicile to Texas