The Latest Breaking News from Paul Vallas

With four months to go before she faces Chicago voters, Mayor Lori Lightfoot still hasn’t secured an overwhelming financial advantage over rival candidates seeking to make her a one-termer at City Hall.

The mayor spent $607,449 of the $1 million she raised during the three-month period ending Sept. 30. Insiders call that a “burn rate,” and it could cause problems for her when the race shifts into high gear.

Chicago Fraternal Order of Police President John Catanzara and Illinois Fraternal Order of Police President Chris Southwood stood with Bailey, who denounced Gov. J.B. Pritzker, Chicago Mayor Lori Lightfoot and Cook County State’s Attorney Kim Foxx as “the three musketeers of crime.”

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

One day after former Chicago Public Schools CEO Paul Vallas dropped $836,500 into his mayoral campaign fund, Lightfoot saw Vallas’ opening bid and raised him by $413,500. That leaves the mayor with $2.5 million in cash on hand to bankroll what is almost certain to be an uphill battle for…

Mayor Lori Lightfoot made the remark — which lit up the Twitter-verse — during a weekend appearance at Pride Fest in Grant Park. Six mayoral challengers said they were outraged by the comment.

After a video release and fundraiser on Tuesday, the piece-by-piece rollout of a campaign that has long been a given continues Wednesday with kick-off on the West Side, flanked by a handful of alderpersons.

“There is no greater son of Chicago than Terry Hillard,” Paul Vallas tells Sneed, calling the stunning paintball assault last week “highly offensive.”

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.