Gongol.com Archives: June 2017
That's just a short-term loan while the district apparently hopes to get a bailout from the state government. Illinois and Chicago (in particular) are at the forefront of one of the biggest unrecognized risks to the US economy: State and local governments with obligations that will be impossible (or extraordinarily difficult) to meet without dramatic changes to spending, taxes, and future promises.
Whether that means the Fed will be enthusiastic about lesser capital requirements is a matter to be watched carefully. She suggested low concern that another banking crisis would re-occur anytime soon.
The ACA set the ball rolling in an unsustainable direction, and things could in fact get worse
The Iowa DOT plans a dramatic reconstruction of what is presently a wildly over-congested interchange