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
Plastics industry one of ‘most powerful economic engines’ thanks to nation’s shale gas, ingenuity
Congressional candidate defends ‘dark humor’ video about Kirk assassination
Trump tells parents to get vaccines not available in U.S.
Grocery tax stalls in Chicago council, measure approved in Bloomington
GOP leader argues against Democrats’ descriptions of ICE
Illinois quick hits: Guatemalan national guilty of illegal presence; ‘peacekeeper’ arrested for battery
Lake Land College Formalizes Academic Restructuring with Faculty Association MOU
Trump tariffs drugs, furniture, heavy trucks to ‘protect’ U.S. markets
WATCH: Trump supports expanding Antifa terror designation internationally
Experts warn action needed to preserve Colorado River
WATCH: 2022 GOP nominee makes second run for governor
Oklahoma to start Turning Point chapters at all high schools