Chicago’s Budget Deficit Threatened by Pension Bill that Awaits Pritzker’s Signature

Chicago Public Schools is grappling with a massive budget deficit. Here's why

District officials say they expect to save about $165 million after laying off some central office staff and crossing guards this summer. But leaders are still searching for $569 million in either savings or revenue.

Chicago’s budget deficit threatened by pension bill that awaits Gov. JB Pritzker’s signature – WGNTV (Chicago)

“One thing to consider is the finances of the city of Chicago; how will they pay for it? Another thing to consider is these are our policemen, these are our first responders, and we want to make sure that they’re well taken care of,” Pritzker said.

Chicago’s budget deficit threatened by pension bill that awaits Pritzker’s signature

CHICAGO (WGN) — As Chicago stares down a billion-dollar budget deficit, a bill sitting on Illinois Governor JB Pritzker's desk threatens to sink the city's finances further into the red.   At the center of the debate is a plan to boost pension payouts for some police and fire retirees.  The measure is known as a "pension sweetener," and passed the legislature at the end of the spring session with almost no public discussion.  Democratic Sen…

Chicago’s Government Grocery Gamble and Tax Burden Under Fire

Dan Proft and Wirepoints President Ted Dabrowski dissected the mounting failures of big-government policy experiments in Illinois and beyond—zeroing in on city-run grocery stores, ballooning pension obligations, and the state’s persistent tax burdens. The conversation opened with the struggles of a city-run grocery store in Kansas City, which despite initial fanfare, has seen customers drop from 14,000 to just 4,000 in seven years. Reports of c…