The deficit, projected at over $1.1 billion for 2026, now makes up 20% of the corporate fund budget, Fitch noted. The bond issue comes as Chicago is squaring off with the White House on a litany of issues.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Should be illegal, nothing but a fraud, they have no ability to pay it back.