Mayor Rahm Emanuel’s financial team will decide within 10 days whether to recommend a plan to borrow as much as $10 billion to pay down the city’s $28 billion in pension debt — and limit the need for another massive property tax hike, said Chief Financial Officer Carole Brown.

“It is about politics, not sound public policy,” mayoral candidate Paul Vallas said during a City Hall news conference. “It is fiscally irresponsible.” [Heather Cherone/The Daily Line]

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