Chicago Mayor Rahm Emanuel said the U.S. is already seeing a payoff from President Barack Obama’s signature health-care program, an initiative he played a central role in creating, while acknowledging a chaotic rollout.
Hawkins Fairley, a World War II veteran who celebrates his 100th birthday tomorrow, is an involuntary soldier in Chicago’s effort to return to fiscal stability, dollar by dollar -- or in his case, 43,113 of them.
Chicago Mayor Rahm Emanuel’s plan to quell his city’s gun violence with more jail time is running into Illinois fiscal reality as well as claims that mandatory prison sentences, popular in statehouses for decades, are unaffordable and ineffective deterrents to crime.
As White House, Federal Reserve and Treasury Department staff prepare Janet Yellen to face the U.S. Senate for her nomination as the next Federal Reserve chairman, one experience remains seared in their memories: Ben S. Bernanke’s close call in 2010.
Chicago Mayor Rahm Emanuel proposed making the nation’s third-most-populous U.S. city the priciest in which to light up, boosting the cigarette tax by 75 cents a pack in hopes of narrowing a $339 million budget gap.