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PI Original
by Ellyn Fortino
3:58pm
Fri Dec 19

Federal $10.10 Minimum Wage Would Benefit 25 Million Workers, Study Finds

More than 60 million people in working U.S. households rely on the income of a low-wage worker, 25 million of whom would benefit from a $10.10 an hour federal minimum wage, according to a new study. Progress Illinois takes a closer look at the report's findings and who would be impacted by such a wage increase in Illinois.

PI Original
by Ellyn Fortino
6:28pm
Wed Dec 17

Chicago Mayoral, 24th Ward Candidates Court West Side Voters At Local Forum

Chicago mayoral and 24th Ward aldermanic hopefuls spoke to West Side residents at a Tuesday night candidate forum. Progress Illinois was there for the event.

Quick Hit
by La Risa Lynch
4:53pm
Fri Dec 12

Chicago Treasurer Proposes Investing City Pension Funds In Black Neighborhoods

A day after taking office, Chicago Treasurer Kurt Summers hit the ground running launching a 77 communities in 77 days listening tour throughout the city.

That tour brought Summers to the Bronzeville neighborhood last week, where he met with residents and business owners to discuss black communities getting a slice of the $50 billion fiscal pie the city has to invest each year. Summers spoke to a group of 50 at the Bronzeville Visitor Information Center, located at 3501 S. King Dr.

Summers told the crowd that his office manages a combined $50 billion in investments as well as employee pension funds and retirement plans. He said he would like to see some of that money invested in neighborhoods like Bronzeville.

"I don't view a neighborhood investment strategy as a risky strategy," said Summers, a product of Bronzeville. "I don't view that as any more risky than investing in Korea's debt, which we do, or investing in a cement company in Mexico. I don't believe investing in Bronzeville is any riskier than that."

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