-- Connecting the dots between our economy, government and business --
So far, CPS officials say the delay has forced them to take out $1.6 billion in short-term loans for operating expenses, like paying staff and keeping the lights on, and another $246 million loan to keep its teachers pension fund solvent. For these two loans combined, the district will pay $33 million in interest.
SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER
FOLLOW US
WIREPOINTS ORIGINAL STORIES
Audio and summary Why the Holdup Using Artificial Intelligence to Cut Illinois Government Costs? – Wirepoints
May 19, 2026
10 Comments
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.
Note to readers from Mark Glennon re: Ukraine
May 6, 2026
4 Comments
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Wirepoints’ Mark Glennon on AM560’s Morning Answer – Chicago’s struggling commercial real estate and more
April 22, 2026
5 Comments
Summary and audio linked here.
Audio and summary
Yeah, it is expensive to heat and staff all those hardly used schools.
Incompetence is expensive.
… yes, for taxpayers to pay for public sector incompetence. In the private sector, not so much – they simply fire or at least demote incompetent employees.