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
WATCH: Millionaire tax critic says AGO, Dems played politics instead of protecting residents
IL Supreme Court can’t just oust judges over speech: New filing
Illinois Republicans say Dems’ redistricting amendment would create more corrupt maps
Vote postponed on Southwest congressmen’s wildfire bill
Trump’s $1.5 trillion military budget: What taxpayers are getting
DOJ indicts Southern Poverty Law Center on wire, bank fraud charges
Ceasefire extended, fractured Iranian government cited
Lawmakers call for AI in financial literacy, systems
FTC probe into APA urged over contradictory stances on gender-affirming care for minors
Cherfilus-McCormick resigns from U.S. House
International Energy Agency leader says energy crisis worst in history
Republicans unveil budget resolution allotting up to $140 billion for ICE, CBP