"In other words, Chicago’s finance team came to market with the bond deal and didn’t like the price that municipal markets were telling them they’d have to pay. Instead, they decided to defer the issuance, betting that they could get a better price in the future. That kind of bet is not generally a good idea."
What’s ironic here is that to get lower interest rates Democrats would have to support a lot of Trump’s economic ideas. Unfortunately Democrats would sooner screw over taxpayers than support anything Trump is doing.
Leaving Soon, just not soon enough
1 month ago
It does not cost any of the public sector workers anything to be wrong, but it costs the taxpayers dearly.
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.
Chicago Bankruptcy NOW!
What’s ironic here is that to get lower interest rates Democrats would have to support a lot of Trump’s economic ideas. Unfortunately Democrats would sooner screw over taxpayers than support anything Trump is doing.
It does not cost any of the public sector workers anything to be wrong, but it costs the taxpayers dearly.