02/22/2009 05:12 am ET Updated May 25, 2011

Daley Urges Obama To Lease Federal Assets

Mayor Daley has already unloaded four of Chicago's most valuable assets for a $6 billion mountain of cash amid concern he is mortgaging the city's future.

Now, he wants President Obama to follow Chicago's lead.
"If they start leasing public assets -- every city, every county, every state and the federal government -- you would not have to raise any taxes whatsoever. You would have more infrastructure money that way than any other way in the nation," Daley said.

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