Citing ’catastrophic collapse’ of economy, Mayor Lightfoot says Chicago faces $1.2 billion shortfall

CHICAGO TRIBUNE ^ | 9-1-20 | JOHN BYRNE and GREGORY PRATT CHICAGO TRIBUNE

[mikey_hates_everything]

Just jack up the taxes on all your ultra-lib friends in Kenwood and Hyde Park to pay for it.

[techrules2002]

A yes vote on the Pritkzer “Fair Tax” also means they can at a later date tax your pensions WITHOUT your vote.

https://www.illinoispolicy.org/fair-tax-paves-the-way-to-taxing-retirement-income-in-illinois/

[mewzilla]

I know it's behind a paywall, but I'm posting for the headline. The WSJ went there...

Chapter 9 Is the Best Bad Option for Chicago’s Pensions Bankruptcy is inevitable. Putting it off only increases the pain for the city’s residents and retirees.

[bert]

My take is that the dyke is arguing fpr a Pelosi payout contained within the Covid bill offer currently on the table and rejected by the Republicans

The President has said he will not allow the bailout of Democrat local governments totally mismanaged.