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City Council Approves $1.1 Billion Borrowing Plan

The City of Chicago is expanding the planned parade route for the 2015 Stanley Cup Champions. Paris Schutz details why the route is being doubled and the City Council’s vote to approve a $1.1 billion borrowing plan.
Gov. Bruce Rauner has launched attack ads against House Speaker Michael Madigan and Democrats, which have started circulating on the Internet. Chicago Tonight Springfield reporter Amanda Vinicky discusses what that could mean for budget talks.
Chicago is going back to the banks to borrow more than $1 billion, despite its recent junk bond status. Paris Schutz details why the city's chief financial officer says it's necessary.  
Illinois Senate President John Cullerton joins Carol Marin to talk about the Springfield summer session's budget showdown.
Joel Weisman and his panel of journalists discuss Ald. Joe Moore's call for a graduated city income tax to help solve Chicago's pension problems.
With billions of new revenue needed over the next few years to fund pensions, is a city income tax on the table? We get reaction from aldermen and budget experts.
The political game of chicken between Gov. Bruce Rauner and Democratic lawmakers got even more heated this week as the two sides went toe-to-toe over the issue of freezing property taxes. Chicago Tonight analyzes the pros and cons of a property tax freeze with experts. 
With no budget and only weeks before the new fiscal year starts, the state is careening toward a government shutdown. Who would that impact? 
The battle over the state’s budget continues to heat up. We’ll talk with Chicago Tonight Springfield reporter Amanda Vinicky about the latest news coming out of the state’s Capitol. 
Former U.S. House Speaker Dennis Hastert, who’s accused of bank fraud and lying to the FBI in connection with a sexual abuse scandal, pleads not guilty in federal court. 
Some have described the atmosphere in Springfield as toxic. Will lawmakers and Gov. Rauner move beyond the ugliness to get a deal done on the budget? Two lawmakers join us to talk about what's ahead.
As Gov. Bruce Rauner and the Democrat-controlled General Assembly continue to battle over the state’s budget, we talk with former Republican Gov. Jim Edgar (1991-1999) about the state’s pension-funding plan he signed into law, how he worked with Democrats in Springfield, and what advice he has for the governor. 
Speaker Michael Madigan and the House return to work today as the overtime session begins. Is it political theater or is this a sign of a compromise with Gov. Bruce Rauner?
Gov. Bruce Rauner wants a freeze on all property taxes in Illinois. He says that’s what he needs before he’ll agree on new revenue in a budget. Will it work? Paris Schutz has the latest.
Illinois House Speaker Michael Madigan plans to bring a workers’ compensation reform measure to the floor Thursday when the House returns to session. It’s the latest move in an ongoing fight over workers’ comp reform between Democrats and Gov. Bruce Rauner. We take a look at what Rauner's proposing, whether it has any chance of passage, and how workers’ comp has already been reformed in Illinois.
 

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