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Tag: Debt

Comptroller report shows state’s finances in bad shape, but improving

Comptroller report shows state’s finances in bad shape, but improving

— September 4, 2019

SPRINGFIELD — The state of Illinois ran up a deficit of more than $7.7 billion in the fiscal year that ended June 30, 2018. But as bad as that sounds, it was only about half as bad…

  • Merging St. Louis city and county seen as answer to debt crisis

    Merging St. Louis city and county seen as answer to debt crisis

    — January 31, 2019

    With the City of St. Louis $2 billion in debt, a government relations firm representing city bondholders and other business interests, is formally launching a campaign for a new regional…

  • Chicago looks for cost-savings with $3 billion bond sale

    Chicago looks for cost-savings with $3 billion bond sale

    — October 16, 2017

    Did Chicago aldermen make a move to pay down debt and free up money for city programs or did they simply kick the can further down the road for short-term gain? It may take four decades…

  • Leavitt: Millennials — our own lost generation

    Leavitt: Millennials — our own lost generation

    — September 26, 2018

    The American millennial generation is sneaking up on 40. The kids aren’t kids anymore. But lots of them have put their lives on hold as if they’re still teenagers, fresh from school….

  • Olympics could have been costly for Chicago

    Olympics could have been costly for Chicago

    — August 10, 2016

    Should Chicago be happy that it wasn’t awarded the 2016 Olympic Games? In 2009, Chicago was eliminated from the competition to host the Olympic Games currently taking place in…

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