Dipping Into Tif Accounts To Avoid A Teachers Strike Mayor Rahm Finally Does The Right Thing

Moments after word broke late Monday night that Chicago Teachers Union president Karen Lewis and Mayor Rahm Emanuel had cut a deal to avert a teachers’ strike, Kris Bryant hit a ninth-inning homer to send the Cubs/Giants game into extra innings.

So let me break from pounding the mayor like a piñata in order to praise him.

   In case you’ve forgotten, the TIF program collects up to $500 million a year in property taxes. That fund becomes like pure slush for mayors to spend anyway they want.

          That’s like me with TIFs—only I was fully clothed.

           Uh oh. Always be wary when the mayor claims he’s changed (or reformed) the TIF program.