WBEZ 91.5 Chicago

The weekend brought a little relief temperature-wise but in Washington, a different pressure system remained in place: The debt ceiling has not budged. The U.S. Treasury Department warned of a possible federal default if Congress fails to reach agreement by Aug.

Local political action committees aren’t the only players in the municipal elections- businesses also have a vested interest in who runs what. The political clout of corporations goes far back and the private sector has helped anoint many a king – locally and at the national level.