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bankruptcy

Chicago’s Debt Is Worse Than You Thought

Is Mayor-Elect Lori Lightfoot considering bankruptcy? How does Chicago have the highest taxpayer burden even though we have balanced budget requirements? Truth in Accounting Founder, Sheila Weinberg joins Dan and Amy to discuss their new report on the biggest taxpayer burden in major metro areas.

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Bye Bye Sears

What was once seen as a retail giant, is now filing for bankruptcy. Did Sears try to adapt to the modern market or did their decline happen too quickly? What about the future of malls? Should the Fed continue raising rates? CNBC Contributor, Jim Iuorio joins Dan and Amy to discuss. 

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Changing The Culture In Springfield

With several of Mike Madigan's key allies facing sexual harassment allegations, voters are starting to get a better idea of Springfield's disreputable culture. But could a new crop of lawmakers and leaders change that? On this edition of Illinois Rising, Dan Proft and Pat Hughes hear from Ammie Kessem, a candidate for state representative on the northwest side of Chicago, who – along with a handful of others – is hoping to shake up Springfield's longstanding lack of ethics and principals. Proft and Hughes also talk to an economics professor who explains how bankruptcy laws work against Illinois and its municipalities, even though the state really needs to declare for bankruptcy. They also discuss Rahm Emanuel's refusal to take responsibility on key issues, including the sexual harassment pervasive in his political party.

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Responding To Madigan's Own Words

Illinois House Speaker Mike Madigan gave a rare interview to WGN News in which he discussed his opposition to economic reforms, bragged about his relationship with failed former governors and pinned all the blame for the state's troubling economic condition on Gov. Bruce Rauner. On this edition of Illinois Rising, Dan Proft and Pat Hughes respond to Madigan's claims and correct the spin coming from the 17-term House Speaker.

Proft and Hughes also go in-depth on the possibility of Illinois going the way of Puerto Rico with CNBC analyst Jim Iuorio. And they discuss the need for real property tax reform with state Rep. Jeanne Ives, R-Wheaton. 

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Dan Proft & Michael Lucci, VP of Policy, Illinois Policy Institute

On this edition of “Illinois Rising”, Dan Proft and Michael Lucci, VP of Policy, Illinois Policy Institute, discuss President Obama’s return to Illinois, West Virginia’s efforts to become the 26th state to enact right-to-work reforms, why Pennsylvania is poised to overtake Illinois as the fifth-largest state, and Dan and Michael are joined by Kyle Olson of the Education Action Group to talk about bankruptcy for the Chicago Public Schools.

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