The Chicago Sun-Times, citing unnamed sources, said talks ramped up after Moody's Investors Services earlier this month downgraded Chicago's credit rating from A3 to Baa1. Read »
As Chicago's credit rating goes down, the city will have to pay higher interest rates. Read »
Dozens of state employees boarded buses in Chicago early Wednesday morning for a trip to Springfield with a message for lawmakers: keep your hands off our pensions. Read »
It’s an age-old adage: How you frame a political debate goes a long way to determining whether or not you’re likely to win. Read »
In a one-two punch, Illinois Senate President John Cullerton has called on Chicago Public School teachers to give up some future benefits to help reform the city’s troubled pension system by warning that if they... Read »
A few days after Gov. Pat Quinn gave a State of the State speech without mentioning Chicago’s looming pension crisis, Mayor Rahm Emanuel is reaching out to lawmakers in Springfield for help. Read »
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