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Resource ID: #26353
Subject: Money And Politics
Source: Chicago Tribune
Affiliation: 
Date: Nov. 1 - Dec. 7

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Description

A Tribune investigation revealed how Chicago's leaders blew through nearly $20 billion in bond money - a reckless pattern of borrowing that undermined the city's future by spending on worthless projects, structuring financial deals in ways that could run afoul of Internal Revenue Service rules and piling an unsustainable level of debt onto the shoulders of future generations.

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