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Local & Regional · North America

Mayoral allies stall measure that would raise the bar on City Hall's ability to take on more debt

Forty percent of Chicago’s operating budget is gobbled up by pension and debt payments — which is why opposition aldepersons want to make it tougher for Mayor Brandon Johnson or his successor to add to that mountain of debt. But they'll have to wait a while longer. Mayoral allies temporarily derailed an ordinance at We

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Forty percent of Chicago’s operating budget is gobbled up by pension and debt payments — which is why opposition aldepersons want to make it tougher for Mayor Brandon Johnson or his successor to add to that mountain of debt. But they'll have to wait a while longer. Mayoral allies temporarily derailed an ordinance at We

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