The Chicago City Council backs Mayor Johnson, rejecting efforts to weaken the sanctuary city ordinance amid rising deportation concerns. City Council Supports Mayor Johnson in Keeping Chicago’s Sanctuary City Law Chicago: The City Council recently stood firm with Mayor Brandon Johnson, pushing back against attempts to change the sanctuary city ordinance. This move is crucial…
Chicago’s bond rating has dropped to BBB, raising concerns about future borrowing costs and financial stability. Chicago’s Bond Rating Falls to BBB, Just Above Junk Status Chicago: So, it looks like Chicago’s bond rating just took a hit. A couple of months back, a Wall Street agency warned that there was a good chance this…
S&P downgraded Chicago’s credit rating due to budget issues and spending concerns Chicago Faces Credit Downgrade After Concerns Over Mayor Johnson’s Budget Chicago: So, the city just got hit with a credit downgrade from S&P. They’re saying the new budget for 2025 has some serious issues. Apparently, there’s a big gap in the budget, and…
