Frustrations expressed as Chicago aldermen reject limiting mayoral borrowing

Published July 15, 2025 1:36pm ET



(The Center Square) – A measure to help Chicago’s city council limit the mayor’s ability to borrow money has fallen short in committee.

Alderman Marty Quinn proposed an ordinance which would have required future borrowing to be approved by two thirds of the council instead of just a majority. The council’s finance committee rejected the proposal by one vote.

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