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Chicago Budget Crisis

Emanuel: 'The Moment Of Truth Has Arrived' On Huge Budget Deficit

Posted 09.28.2011 | Chicago

The office of Mayor Rahm Emanuel has released its official projections for next year's budget, and it doesn't look good. The city will face an esti...

Fix The Budget By Hiking Cab Fares?

Chicago Sun-Times | Grits for Breakfast | Posted 05.25.2011 | Chicago

Chicago taxicab riders would pay a $1-a-ride surcharge, but the $70 million raised by the fee would go to the city budget -- not struggling cabbies --...

Next Mayor Will Take On A Big, Financial Mess

Chicago News Cooperative | DAN MIHALOPOULOS and MICK DUMKE | Posted 05.25.2011 | Chicago

Everybody who is anybody in Chicago politics has been mentioned as a possible replacement for Mayor Richard M. Daley after his shocking retirement ann...

Inspector General Takes Flak Over Budget Report

WBEZ | Posted 05.25.2011 | Chicago

28th ward alderman Ed Smith had harsher words for the Inspector General, saying he should "do his job and let the alderman focus on the budget." Ove...

The End Of The 'Shadow Budget'? Daley Mulls Using TIFs To Fill Deficit

Posted 05.25.2011 | Chicago

It has been investigated by some of Chicago's most dedicated journalists. It has been the subject of heated criticism, public debate and sunshine legi...

GOING FOR BROKE: City's Bank Account Is Nearly Empty

Posted 05.25.2011 | Chicago

UPDATE: Chicago's budget director told aldermen that the city will face a $655 million budget shortfall in the coming year, according to a new Sun-...

Budget Cuts Already Hurting Chicago Human Services

Huffington Post | Will Guzzardi | Posted 05.25.2011 | Chicago

The Youth Summit for struggling neighborhood teens is mostly planned out -- the date's been chosen, the workshops are coming together. All that's left...

Chicago's Cost-Cutting Ideas

Chicago Sun-Times | Fran Spielman | Posted 05.25.2011 | Chicago

If too many cooks spoil the broth, the solution to Chicago's budget crisis will be one spoiled stew. Aldermen, union leaders and civic watchdogs are ...