chicago debt

Failing Cities

Why are cities with major economic activity facing safety issues and problems with K-12 education? Are progressive politicians in major urban centers unlearning the lessons from the past? Is there no political will or pressure to restructure city debt, especially pensions? Contributing editor to City Journal, Steven Malagna joins Dan and Amy to discuss.

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Potential Upset In The Mayoral Race?

How is Willie Wilson going to use his business experience to get the city out of debt? Everyone is concerned with the city budget, but what about the budgets of families with no connections who can barely afford to live here? What exact taxes would he lower? Mayoral candidate, Dr. Willie Wilson joins Dan and Amy with his closing argument.

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The Math Doesn’t Work

The affluent civil leaders in Chicago would never invest their own money into City Hall but they expect ordinary citizens to give up theirs? How is competitive virtue signaling in Springfield affecting the state’s economy? What will be the watershed moment for city and state politicians? President of Wirepoints.com, Ted Dabrowski joins Dan and Amy to discuss.

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Chicago Receives Another ‘F Grade

How much would each taxpayer in Chicago need to send to city hall to break even? $36,000. That isn’t even including Chicago Public Schools or Park District's costs and debts. Is the city running out of backs to put the city’s pension debt on? Are politicians and mayoral candidates coming up with different schemes to kick the can down the road instead of fixing the problem now? Founder of Truth in Accounting, Sheila Weinberg joins Dan and Amy to discuss their latest "State of the Cities" report.

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Vallas’ Financial Plan For Chicago

Is Chicago the worst governed big city in the country? How can the City incentivize people to invest in low-income areas if they are unsafe? Is Vallas suggesting taking advantage of the tax incentives in the Trump tax bill? Why aren’t we scaling already proven successful models? Can he promise to cap property taxes if elected? Chicago mayoral candidate, Paul Vallas joins Dan and Amy to discuss. 

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Resolving Chicago's Debt Crisis: Source Not Size

Right now, Chicago taxpayers are stuck with a seventy-one billion dollar debt load. That means every household is on the hook for eighty-two thousand dollars in government debt. As staggering as that number is, it's not the real issue with Chicago's debt. Pat Hughes explains in this episode of Dollars and Sense.