Cities targeted by Trump’s troop deployments, including Chicago, bear fiscal burden – The Bond Buyer

A lawsuit filed by Illinois Attorney General Kwame Raoul underscores the risks to Chicago's economy and finances. Among the areas where the deployments may harm Chicago finances are tourism and hospitality, core planks of the city's economy and significant revenue sources for Chicago; police overtime costs; and investor perceptions of a downward slide, even if such perceptions aren't rooted in reality.
5 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
The Railroader
7 months ago

Keeley Webster (aka ‘The Bond Buyer’) reports that Moody’s is in full CYA mode now. Moody’s has for years refused to admit that blue cities have spent themselves into an abyss, all while providing cover for these cities’ municipal bond issues with their unrealistically high ratings. Moody’s Dave Levett whines about tourism dollars being curtailed along with the skim that City Hall normally pocketed from this activity. Never mind the acres of empty commercial property in the Loop that once provided a heartbeat for the Central Business District and Near North. Just ignore the shops leaving Michigan Avenue due to… Read more »

Deb
7 months ago

Vote Raoul out. He’s not represent law abiding, US citizens. He only represents illegals, criminals, and other lefty groups. And by not abiding by federal laws, he is hurting IL taxpayers.

Bob
7 months ago

Here is how to reduce police overtime . Hire the 1900 police officers the city is short . By not hiring the officers Johnston is DEFUNDING THE POLICE !!!

Truth in Cook County
7 months ago

Keep stoking the unrest and riots Pritzker and Johnson. I heard recently that Obama’s deportations were higher than Trumps now. What is different? Pritzker is shining up his far-left bona fides as he looks to be included in Presidential talk. Meanwhile, back in Chicago, these protests / riots by their fellow lefty travelers could have near the same impact as Pritzker and Lori’s COVID shutdown has had on downtown,

Sweet Home Alabama
7 months ago

Obama’s deportations were mentioned in the Real Clear Politics video Mark posted. JB should be coming down hard on him for the sins of the past. I’ve heard the figure mentioned from a couple of sources that the number of illegals that came in is between 40-50 million. That’s a lot to deport. How can you have Chinese and Iranian immigrants crossing border from Mexico? Sounds sketchy.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE