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Quick Hit
by Ellyn Fortino
3:07pm
Thu Jul 7, 2016

Chicago Activists, Lawmakers Deliver Petitions To SEC For Action On 'Toxic' Interest Rate Swaps (VIDEO)

Chicago community activists and local elected officials delivered 88,000 petition signatures to the U.S. Securities and Exchange Commission's (SEC) regional office Thursday morning, urging the agency to investigate complex financial agreements called interest rate swaps.

Those who delivered the petition signatures, collected online by the Grassroots Collaborative and several other organizations, say cash-strapped local and state governments are being squeezed by the "toxic swaps" they entered into with banks before the Great Recession. The complicated deals, which come with hefty penalties and termination fees, were intended to save taxpayer-backed organizations money, but they backfired when the economy crashed.

PI Original
by Ellyn Fortino
5:55pm
Wed May 18, 2016

Chicago City Council Roundup: Aldermen Propose Privatizing Airport Security; Debt Transparency Ordinance Passes

From airport security to debt transparency, Progress Illinois rounds up highlights from Wednesday's Chicago City Council meeting.

Quick Hit
by Aricka Flowers
7:45pm
Wed Apr 27, 2016

Where Do The 2016 Presidential Candidates Stand On Higher Education Funding?

As graduation season approaches and Illinoisans grapple with a 10-monthlong state budget impasse that has negatively impacted funding for college students, higher education is at the top of mind for many people in the Prairie State.

And while income inequality, immigration reform and foreign policy have monopolized much of the discussion in the 2016 presidential election, higher education funding and policies have also become hot issues for voters -- particularly millennials -- when analyzing the platforms of the White House hopefuls. Democratic presidential candidate U.S. Sen. Bernie Sanders (I-VT) has touched that political nerve with his call for free tuition at public colleges and universities, garnering a groundswell of support among young voters.

GoodCall culled data on the remaining presidential candidates' statements, voting records and official campaign platforms on several policy issues pertaining to higher education, including student loan debt repayment, interest rates, tuition, financial aid and potential reform ideas.

PI Original
by Ellyn Fortino
4:40pm
Wed Apr 13, 2016

Chicago City Council Roundup: Aldermen Confirm Top Cop, Push For Paid Sick Days

From police oversight to paid sick days, Progress Illinois rounds up highlights from Wednesday's Chicago City Council meeting.

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