WHERE SHOULD CHICAGO FIND THE MONEY TO PAY ITS BILLS?
As we noted in a questionnaire to the candidates for mayor of Chicago, our city faces an enormous financial challenge. Chicago is on the hook for $42 billion in unfunded pension liabilities, which works out to $35,000 for every household. In our questionnaire, we listed eight commonly proposed sources of new revenue. We asked the candidates to take a stand, for or against, on each one. And we asked for other ideas. Here, below, is a summation of their stand on those eight specific sources of new revenue. Plus a few other ideas.