Cook County Board President Toni Preckwinkle has released an initial budget for the next fiscal year, and in it she estimates a $152 estimated deficit. We talk with President Preckwinkle about what to expect with Cook County’s fiscal health. Read her preliminary budget.
President Obama proposed a $3.77 trillion budget for 2014 that would cut deficits by $1.8 trillion over the next decade. Eddie Arruza and his guests gauge market reaction to the potential cuts.
A mixed report on the backlog of Illinois' unpaid bills is released. Carol Marin breaks down the billions with the study's author.
City Council Passes Emanuel’s Budget 46-3
Ald. Sandi Jackson is a no-show as the Chicago City Council passes Mayor Rahm Emanuel's budget by a 46-3 vote. Paris Schutz has the details.
Chicago teachers are ramping up their strike threat as the Board of Education readies to vote on a budget. Paris Schutz has the latest on why contract negotiations are appearing to stall.
The mayor says he’s cut the city’s budget deficit in half. It’s the one piece of positive news in an otherwise ominous financial forecast. Are tax hikes and spending cuts inevitable? We take a look.
Chicago Public Schools just released its proposed budget for next year. For many, it's a stunner, with the district planning to completely empty its bank account. We get reaction from all sides.
One day after his "day of reckoning" budget speech, Gov. Pat Quinn tells us what he expects from state lawmakers; and Republican Illinois Treasurer Dan Rutherford joins us to share his take on the governor's plan.