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Chicago’s pitch for new bond refinancing is mighty fishy

OCTOBER 25, 2019 | by Mark Glennon | WIREPOINTS ILLINOIS NEWS

Sorry, the bond proposal is certainly not like that. And no homeowner would add up all the future savings from refinancing and claim the total can be used for next year’s budget. The press release further quotes Lightfoot: ‘Since my first day in office I have made responsible stewardship of taxpayer dollars a priority in every financial and budgetary action we have taken.’  Blah blah blah.

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