Illinois Democrats await decisions from Durbin, Pritzker that will spark high-stakes political shuffle – Chicago Sun-Times
Next year may mark a seismic year in which steady congressional seats are up for grabs. Members of the Illinois General Assembly could also potentially run for some of the available congressional seats, setting up a shuffle at the Illinois State Capitol as well.
Chicago’s pension plans avoided a reckoning in 2020 after federal covid aid helped the city avoid a fiscal collapse. But reality is back and the financial market’s volatility is a reminder of just how delicate the situation is. The market’s drop this year alone has cost the city an estimated $1 billion-plus in mark-to-market losses, a big deal for a city that already has a $53 billion funding hole.
Ted joined John and Amy to discuss Cook County’s use of federal covid money to fund its guaranteed income program, how politicians use welfare programs to help their election campaigns, Gov. Pritzker’s obsession with putting DEI and transgenderism into education, the costs of the new Chicago teachers contract, and more.