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
U.S. national debt tops $37 trillion
Illinois quick hits: Human trafficking law signed; Mercyhealth to pay for COVID vaccine discrimination
Justice Department finds GWU in violation of Title VI
WATCH: Nearly 400 people become U.S. citizens at Illinois State Fair
Appeals court says Trump can move forward with foreign aid cuts
WATCH: Governor suggests ending nuclear ban as lawmaker files pro-nuclear bill
Kratom byproduct in gummies, candies, ice cream ruled same as herion, LSD
‘Liberation Day’ reignites D.C. statehood debate
Trump to meet with Democratic leaders to discuss govt funding bills
WATCH: Illinois Democrats blast Trump, Republicans at state fair
Social Security’s 90th anniversary sparks debate over how to address insolvency
Colorado ranks eighth nationally for battling antisemitism