Mayor Lori Lightfoot is considering a slew of one-off actions to help close what city officials claim will be a $1.2 billion shortfall in next year’s budget – including a $94 million property tax hike. Absent in the list of savings is anything that can be considered a structural reform.
It’s always fun to compare what governments say in bond documents, where falsehoods can lead to fraud charges, to what the general public has been led to believe. Illinois newest bond offering is no different, and what might be more interesting is what’s not written and is between the lines.
It’s tempting to dismiss this as just another instance of media censoring views it doesn’t like, but it’s about far more. It’s about the entire “conversation” we supposedly are having on race in America, and why it’s no conversation at all.