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Use Half of Federal Relief Package to Cancel Borrowing

Mayor Lightfoot's office recommends using federal relief funds to pay off the city's debt.

Aired 04/14/2021 | Rating NR

Chicago Tonight

Use Half of Federal Relief Package to Cancel Borrowing

Clip: 4/14/2021 | 2m 40sVideo has Closed Captions

Mayor Lightfoot's office recommends using federal relief funds to pay off the city's debt.

Mayor Lori Lightfoot wants to set aside about half of the $1.9 billion the city of Chicago expects to get from the American Rescue Plan signed by President Joe Biden in March to cancel high-interest debt.

Aired 04/14/2021 | Rating NR

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