The Week in Review: Lightfoot Identifies Chicago’s Massive Budget Shortfall


Mayor Lori Lightfoot lays out Chicago’s $838 million budget deficit and some other hard truths regarding municipal finances during a prime-time televised “State of the City” address on Thursday.

Churchill Downs, the owner of Arlington International Racecourse, turns down a casino license and threatens to end horse racing at the legendary track based on a new state gambling law.

The Chicago Board of Education unanimously passes a more than $7 billion spending plan – triggering criticism from the Chicago Teachers Union and a possible strike from the union as Chicago Public Schools classes are set to start Tuesday.

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In sports, the Cubs ignite playoff hopes as they sweep the Mets in New York and the Chicago Bears prepare for a prime-time matchup with the Green Bay Packers to kick off the NFL’s 100th regular season.

Guests  

Dan Mihalopoulos, WBEZ  | @dmihalopoulos
Kimberley Egonmwan, WVON | @KEgonmwan
Kim Bellware, freelance journalist | @bellwak
Exavier Pope, Forbes contributor | @exavierpope

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