Chicago City Council votes to set 30-vote threshold for future borrowing, but Mayor Brandon Johnson signals possible veto

Source CBS Local
Original Load Date Sept. 29, 2026, 5 p.m.
Last Updated Sept. 29, 2026, 5 p.m.
Original URL https://www.cbsnews.com/chicago/news/chicago-city-council-raises-borrowing-threshold-debt-mayor-brandon-johnson/

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Chicago aldermen on Tuesday voted to require at least 30 members of the City Council to approve any future plans to borrow money, seeking to make it tougher to add to the city's mountain of debt, but Mayor Brandon Johnson signaled he might veto the measure. With debt payments and employee pension o...