I love Chicago. It’s home to the Blackhawks and the Cubs. It’s also home to the best restaurants, best cultural attractions, best entertainment and best shopping of any major city in the country.
Sadly, Chicago is also mired in a huge financial mess.
Chicago city pension systems that cover city employees, teachers and police and firefighters are in real danger of sinking into insolvency and Chicago Public School teachers have overwhelmingly voted to authorize a strike over benefits and wages. Rather than embracing meaningful and substantial fiscal reforms, however, Chicago leaders continue to look to taxpayers here in the suburbs and across the state to bail them out.
Read the rest of the update at Positively Naperville.