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
Slight Chance Drizzle
76° 68°

Slight Chance Drizzle

💨 10 mph 💧 18%

Leave a Comment





Latest News Stories

Aldermen say mayor fails to collect revenue he opposes

Aldermen say mayor fails to collect revenue he opposes

By Jim Talamonti | The Center SquareThe Center Square )The Center Square) – Chicago aldermen are suggesting that the city has a projected budget gap of $130 million because Mayor...
Texas leading in Iran conflict, drone boat company rescues pilots, attacks Iran

Texas leading in Iran conflict, drone boat company rescues pilots, attacks Iran

By Bethany BlankleyThe Center Square The Austin-based drone boat company helping Texas lead the U.S. war against Iran is now building what is expected to be the largest shipyard in...
Illegal border crossings remain historically low in June, drug seizures up

Illegal border crossings remain historically low in June, drug seizures up

By Bethany BlankleyThe Center Square Children still being released into the country Illegal border crossings remained historically low in June, continuing a trend under the Trump administration. Last month, 31,626...
Pritzker disputes Trump speech claims

Pritzker disputes Trump speech claims

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says President Donald Trump tried to claim victimhood during his speech to the nation...
Arizona congressional candidates debate healthcare, ICE

Arizona congressional candidates debate healthcare, ICE

By Andrew RiceThe Center Square Voters will head to the polls Tuesday in Arizona’s 4th and 5th congressional district races with healthcare affordability and immigration enforcement on their minds. District...
Mullin reveals 250k non-citizens registered to vote in just four states

Mullin reveals 250k non-citizens registered to vote in just four states

By Sarah Roderick-FitchThe Center Square Following allegations of foreign adversaries meddling in U.S. elections during a primetime address Thursday by President Donald Trump, Homeland Security Secretary Markwayne Mullin laid out...
Walz again questions deportation of convicted sex offender

Walz again questions deportation of convicted sex offender

By Elyse ApelThe Center Square Minnesota Gov. Tim Walz is once again defending a criminal illegal immigrant who was deported by the Trump administration. In a press conference earlier this...
Trump calls out Michigan elections in primetime address

Trump calls out Michigan elections in primetime address

By Elyse ApelThe Center Square President Donald Trump made the accusation of election fraud in Michigan during a primetime address Thursday night. Trump referenced potential election crimes during the 2020...
OBGYN group leader says she posed as teen, ordered abortion drug via mail

OBGYN group leader says she posed as teen, ordered abortion drug via mail

By Tate RosentreterThe Center Square An organization of pro-life OBGYNs is calling on Congress to end the mail-order abortion system after the group’s CEO said she posed as a 13-year-old...
Secretary of State dismisses calls for clarity on migrant's license status

Secretary of State dismisses calls for clarity on migrant’s license status

By Sean Reed | The Center SquareThe Center Square (The Center Square) – The Illinois Secretary of State is pushing back against claims from conservatives that his department has issued...
Illinois news in brief: Prosecutors indict felon on pretrial release for fentanyl trafficking; Rockford men charged after child abuse investigation; Cairo bridge to reopen

Illinois news in brief: Prosecutors indict felon on pretrial release for fentanyl trafficking; Rockford men charged after child abuse investigation; Cairo bridge to reopen

By Jim Talamonti | The Center SquareThe Center Square Prosecutors indict felon on pretrial release for fentanyl trafficking A federal grand jury has indicted a Chicago man for allegedly trafficking...
Trump highlights election integrity threats, accuses China of meddling

Trump highlights election integrity threats, accuses China of meddling

By Sarah Roderick-FitchThe Center Square In a primetime address Thursday, President Donald Trump highlighted the need for election integrity while accusing China of meddling in U.S. elections, citing over a...
Judge calls for SCOTUS ‘benchslaps’ on Second Amendment cases

Judge calls for SCOTUS ‘benchslaps’ on Second Amendment cases

By Jonathan Bilyk | Legal NewslineThe Center Square (Legal Newsline) - A conservative federal appeals court judge has teed off once again on his left-wing judicial colleagues on the U.S....

WATCH: Washington candidates clash over Trump endorsement for House

By Carleen JohnsonThe Center Square As Central Washington voters begin filling out primary ballots as soon as this weekend, some may be a bit confused about who President Donald Trump...
Congressional candidates debate housing, immigration

Congressional candidates debate housing, immigration

By Andrew RiceThe Center Square Voters in Arizona will head to the polls Tuesday to make decisions in consequential congressional primaries that could determine the balance of power in Congress...