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The May 31 deadline for state lawmakers to approve a budget and solve a $6 billion shortfall is quickly approaching. We talk with Chicago Tonight Springfield reporter Amanda Vinicky about what tax hikes and other revenue generators are on the table, what services could be on the chopping block, whether lawmakers will be able to pass a budget before the end of the month, and, if not, how that affects the numerous legislative items on their plate. 

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This past weekend, 300,000 people turned out for the biggest Lollapalooza yet. For its ninth year, 130 bands played on eight stages in three days. The festival brought in more than $4 million in revenue for the city. Chicago Tribune music critic Greg Kot joins us to discuss some of the festival's highlights. Read an interview and view a slideshow.

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The city may be saying that it's business as usual during the NATO summit -- but that's not what some downtown businesses are expecting. Find out why the gathering of world leaders is already causing a revenue drop in the Loop.