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City Council committee backs raising threshold for taking on debt

Over strenuous objections from Mayor Brandon Johnson’s most powerful ally, a City Council committee backed a measure Monday that would make it more difficult for Chicago to borrow money and increase the mountain of debt imposed on future generations of taxpayers. Retiring 13th Ward Ald. Marty Quinn initially wanted to

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Over strenuous objections from Mayor Brandon Johnson’s most powerful ally, a City Council committee backed a measure Monday that would make it more difficult for Chicago to borrow money and increase the mountain of debt imposed on future generations of taxpayers. Retiring 13th Ward Ald. Marty Quinn initially wanted to

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