CHICAGO
04/06/2009 05:12 am ET | Updated May 25, 2011

City Budget Gap Widens To Over $60M, More Big Cuts Loom

Nose-diving revenues have forced Chicago's 2009 budget at least $10 million deeper into the hole -- to a gap of well over $60.5 million -- turning up the heat for more layoffs and union concessions.

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