By Greg Bishop (The Center Square), includes “The finances of two of the largest cities sandwiching Illinois are among the worst performers in the nation, despite having been sent billions of dollars in federal taxpayer funds for COVID-19 relief. … TIA founder Sheila Weinberg said federal COVID-19 dollars to the tune of $1.9 billion for Chicago didn’t reverse the trend. ‘They increased the debt by $2.3 billion, so they’re just continuing a downward spiral of debt,’ Weinberg told The Center Square.” (Truth in Accounting’s new “Financial State of the Cities” report is available here.)
Read the full article on: Washington Examiner