Bailing Out Chicago Would Send a Dangerous Message

Bailing Out Chicago Would Send a Dangerous Message – City Journal

"The door is open, then, for Illinois and Chicago to return to D.C. and ask for federal assistance. If granted, taxpayers nationwide will pay for the Windy City’s fiscal recklessness. And the bailouts likely won’t stop there. Officials in other cities, such as Mayor Zohran Mamdani in New York, will be watching closely. If Chicago can get a bailout, why not the Big Apple?"

Bailing Out Chicago Would Send a Dangerous Message

Taxpayers nationwide would pay the cost—and other mismanaged cities would get in line at the federal trough.