A light hearted take on a serious subject. [youtube http://www.youtube.com/watch?v=Xvh60dJ-hTQ?rel=0]
Posts by
CPS Debt Downgraded
A leading bond-rating agency has downgraded the Chicago Board of Education's debt in the wake of the settlement of the Chicago Teacher's Union's recent strike. Moody's Investor Service had already downgraded the Chicago Public Schools' bond rating outlook to...
Aldermen Briefed on Pension Time-Bomb
[Chicago's] Chief Financial Officer Lois Scott reminded council members that absent significant changes to pension plans, the city will be forced to drastically cut services, raise taxes or do both to close a funding gap that could reach $700 million in just a few...