Ava ParkerJan 15, 2025
Chicago’s Budget Crisis: Will $1.25B Housing Plan Survive? A major ratings agency downgraded the city’s general obligation debt. #CityFinance #BudgetCrisis #CreditRating #FiscalHealth https://chicagopulselive.com/politics/chicago-downgraded-johnsons-budget-risks-1-25b-housing-plan/
Chicago Downgraded: Johnson's Budget Risks $1.25B Housing Plan? - Chicago Pulse

A major ratings agency downgraded the city's general obligation debt. The reason? A significant structural imbalance in the recently approved 2025 budget.

Chikago Pulse: Latest Updates - Breaking News From Chicago