Watch out, economy. Looks like the debt ceiling showdown is moving into another arm-twisting phase in Washington. To get a clearer picture of the maneuverings so far, today we're taking a look behind the Capitol curtain.
Listen in to the 2011 Bughouse Main Debate, "Collective bargaining and the public sector: Is collective bargaining compatible with public service?" This year's debate features Kenzo Shibata, from Chicago Teacher’s Union, versus Richard Lorenc, Chair of the Chicago c
If Democrats and Republicans are unable to meet the Tuesday deadline for raising the debt ceiling, and the Treasury starts running short of money, the government will have to start making choices about which bills to pay.
Pakistanis who’ve longed for easy access to their country’s most prized fruit will likely be able to find their favored mangoes on supermarket shelves in Chicago soon. This week the first shipment of Pakistani mangoes, all of the sweet chaunsa variety, arrived in Chicago.
In an unforgiving display of partisanship, the Republican-controlled House approved emergency legislation Friday night to avoid an unprecedented government default and Senate Democrats scuttled it less than two hours later in hopes of a better deal."
Chicago Mayor Rahm Emanuel said Friday that the city's facing a $635 million budget shortfall next fiscal year.Emanuel told reporters the budget deficit isn't anything new. He didn't directly criticize former Mayor Richard Daley, but Emanuel said the issue is long-term and structural."