Now that investors are finally looking at opportunities in Illinois, the Democrats in the Senate want to shut them out, Maura O’Hara, executive director of the Illinois Venture Capital Association, told the Chicago City Wire recently.
Mike “Mish” Shedlock, a senior fellow at the Illinois Policy Institute and financial adviser at Washington state-based Sitka Pacific Capital Management, has independently confirmed that Chicago’s police pension is poised to be broke before 2021.
The Fraternal Order of Police Lodge No. 7, the Chicago Police Department union, responded to projections estimating the Policemen’s Annuity and Benefit Fund of Chicago will require a taxpayer bailout to pay for retiree benefits in four years.
Loud protests from residents weren't enough to prevent a city panel from approving a zoning change that will allow a controversial mixed-income housing complex to be built in Chicago's Jefferson Park neighborhood.
Sen. Iris Martinez (D-Chicago) joined several Democrats colleagues recently in calling for an investigation into what they called a leak by Gov. Bruce Rauner’s administration regarding a bill on school funding.
Sen. Andy Manar (D-Bunker Hill) is demanding a state investigation after the Kankakee Times reported on the anticipated district-by-district financial impact of his Senate Bill 1, which promises to change the state's formula for dispensing money to public schools.
A consortium of Illinois mayors has gone public – to a degree – with its fight against a possible statewide property tax freeze, telling residents that as great as a freeze might sound, it could destroy their communities.
A legislative proposal that would regulate trampoline parks – which made it through the House of Representatives on a 64 to 46 vote – has made some wonder about what are the legislative priorities of the current lawmakers in Springfield.
Politicians on both sides of the aisle reacted angrily to a recent newspaper report that Chicago Mayor Rahm Emanuel appears to have violated a city ethics law by allegedly lobbying via his personal email accounts.
A video recently posted to YouTube might have added fuel to the fire already putting heat on 45th Ward Alderman John Arena, who is mired in controversy over his support of a plan for additional subsidized housing in Jefferson Park.