Mayor Rahm Emanuel wants to slap a tax on water and sewer bills. We take a closer look at the proposal with a panel of aldermen.
Illinois Pension Reform
After the big property tax hit, another new tax may be on the way for weary Chicagoans. Find out how much it might cost and why the mayor says it's necessary.
Can state lawmakers craft a constitutional fix for the Illinois public pension problem? We talk with one man who has a plan.
After the Illinois Supreme Court ruled a pension reform plan unconstitutional, lawmakers have failed to come up with a solution to a problem that worsens with each passing day. Could some form of federal bailout or bankruptcy restructuring be the answer for Illinois?
Two leaders in the Illinois House of Representatives join Phil Ponce on Chicago Tonight to discuss the budget stalemate in Springfield and a possible property tax freeze.
A new, in-depth report looks at how Illinois politicians pulled the state into the current pension mess after decades of poor planning, non-existent estimates, and last-minute decision making. Journalist Dave McKinney wrote the story for Crain's Chicago Business and joins Chicago Tonight to discuss the story and how it provides important context for our current crisis.
The state has been without a budget for 41 days. Is there a compromise on the horizon? Carol Marin talks with four members of the Illinois House of Representatives about what's happening this week in Springfield.
The Illinois Senate is back in session in Springfield to consider a property tax freeze and possible funding relief for social service providers. Amanda Vinicky will join us with the latest on Chicago Tonight.
Mayor Emanuel, back in Chicago after a vacation in Europe, returns to a fiscal situation that is bleaker than it was when he left, thanks to last week's court ruling throwing out a law that cut benefits for many city retirees.