TITLE

Illinois Lawmakers Expected to OK New Chicago Transit Bailout

AUTHOR(S)
Shields, Yvette
PUB. DATE
January 2008
SOURCE
Bond Buyer;1/14/2008, Vol. 363 Issue 32794, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the expected approval to be done by lawmakers regarding a revised Chicago-area transit bailout package in Chicago, Illinois. The bailout package offers $500 million in new annual operating aid and authorizes the sale of $2 billion of bonds for the Chicago Transit Authority to address its unfunded pension and health care liabilities.
ACCESSION #
28457914

 

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