Top House Democrats Press Fed to Provide Support to Muni Market – Bloomberg

Comment: You knew it was coming -- a request for bailout by Federal Reserve Bank.
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NB-Chicago
4 years ago

Dont know if I undestand all the particulars of proposed muni bond bailout but how would muni bond debt bailout be treated EQUALLY for a relatively debt free Wisconsin vrs a pension bankrupt Illinois? Or maybe because this is a crisis, whats fair would never be an issue..just keep printing the $bucks$

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Number of half-empty Chicago public schools doubles, yet lawmakers want to extend school closing moratorium – Wirepoints

A set of state lawmakers want to extend CPS’ current school closing moratorium to February 1, 2027 – the same year CPS is set to transition to a fully-elected school board. That means schools like Manley High School, with capacity for more than 1,000 students but enrollment of just 78, can’t be closed for anther three years. The school spends $45,000 per student, but just 2.4% of students read at grade level.

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