https://www.foxnews.com/politics/chicago-mayor-considering-tax-hikes-to-plug-1-2b-budget-hole-report
Other potential cost-saving measures include a five-day furlough for all nonunion city employees, shifting some costs onto the books of the Chicago Public Schools and raising the cloud-computing tax.
Lightfoot is set to unveil her plan at a press conference on Wednesday.
The COVID-19 pandemic caused Chicago’s gross domestic product to decline by 10% from a year ago, leading to a $799 million mid-year 2020 budget shortfall.
The economic damage caused by the pandemic was a sharp blow to Chicago’s most recent attempt to get its fiscal house in order. Lightfoot last year identified more than $500 million in structural solutions, the most since 2012, to fill the city’s record $838 million gap.
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Laying off while raising taxes LMAO only in a Democrat freak world. Ill say again BIDEN wins EVERY WORKING STIFF in the Country should quit work Nov. 4th.
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