Living in the Chicago area is about to get even more expensive. Not only is Mayor Rahm Emanuel seeking a record high property tax increase to help shore up police and firefighter pensions. But today Cook County Board President Toni Preckwinkle is asking for a county tax on recreational activities like golfing and cable TV to help plug the county's budget deficit.
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The mayor and top city officials are speaking to the public at this hour in the first of a series of town hall meetings on the city budget. That budget could be as much as $754 million out of whack thanks to escalating pension costs. Higher taxes and fees are almost certainly inevitable, the question is which? How are residents responding to the shortfall? Paris Schultz joins us live from Malcolm X College.