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This is the type headline that has one asking "say what!"

 

"Chicago will now borrow even more money to pay down its debt and bills after Mayor Rahm Emanuel’s $1.1 billion borrowing plan sailed through the City Council yesterday with no debate.

On Monday the Finance Committee approved Emanuel’s long-term borrowing plan, the largest bond of his tenure in office, in the hope of avoiding massive tax increases or spending cuts, The Chicago Tribune reported.

 

"We are technically in default," said Carole Brown, Emanuel’s new Chief Financial Officer. “There would be the potential that we would have to come up with close to $900 million to pay back the banks.' "

 

http://chicagoist.com/2015/06/...r_billion_dollar.php

 

Another city destroyed by Democrat reign for decades.  This mess makes even Jefferson county look good in comparison.

TRUTH -- THE NEW HATE SPEECH!

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