Rahm warms to Rauner's pension bill — but not bankruptcy provision – Chicago Sun-Times

Chicago Sun-TimesRahm warms to Rauner's pension bill — but not bankruptcy provisionChicago Sun-TimesChicago taxpayers would still be on the hook for $619 million in payments to the two funds next year — more than double the current payment. But that's still $219 million less than the city would have been forced to pay and an $843 million break over …and more »

City government's Mr. Fix-It faces biggest challenge at CPS | Chicago – Chicago Sun-Times

Chicago Sun-TimesCity government's Mr. Fix-It faces biggest challenge at CPS | ChicagoChicago Sun-TimesAfter winning Chicago's first-ever mayoral run-off, Emanuel summoned Claypool back to City Hall for a third stint in the thankless job as chief of staff — this time, the top item on the agenda was tackling a combined, $30 billion pension crisis at the …New Chicago school leaders to tackle fiscal woes | ReutersReutersall 50 news articles »

Chicago isn't Detroit — and it's not going bankrupt – Chicago Tribune – Chicago Tribune

Chicago isn't Detroit — and it's not going bankrupt – Chicago TribuneChicago TribuneThe data show Chicago isn't Detroit, but Moody's is still making the city pay that price. Chicago isn't Detroit — and it's not going bankrupt. When Moody's Investors Service recently downgraded Chicago's debt to junk status, the decision equated to a …and more »

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