Not enough revenue? How about too much spending. Chicago outpaces many of America’s biggest cities with a 62% spending spike since 2019. That’s what’s driving deficits.
Peoria Heights’ mayor vetoed a grocery tax, saying the village would not balance its budget on the backs of families at the grocery checkout. Now Chicago is considering taking $73.5 million through the tax.
The vote is over on the Chicago Public Schools budget. It dodged some immediate problems, but the financial mess will continue. Taxpayers will feel the pain long into the future.
A $1.12 billion budget gap spurs Chicago Mayor Brandon Johnson to circulate a menu of 26 tax hikes. Instead of making Chicago even more hostile to taxpayers, he should be looking at budget reforms and ways to stop spending so much.
As food costs soar, Mayor Brandon Johnson wants to keep hurting Chicago’s working families with a grocery tax. He faces a $1.12 billion deficit that a $73 million grocery tax won’t budge.
Gov. J.B. Pritzker had a chance to stop a bill putting taxpayers on the hook for $11.1 billion in inflated pension benefits for Chicago police and firefighters. He blew it. Taxpayers will be paying the price for decades.
As Chicago faces a major deficit for fiscal year 2026, Mayor Brandon Johnson is considering resurrecting a failed idea that punishes job creation: the corporate head tax.
The Chicago Teachers Union’s refusal to close near-empty schools and push for more “sustainable community schools” is hurting student achievement. CTU is about adding members and escaping accountability, not about what’s best for Chicago students.
Summer jobs programs are not enough to keep Chicago’s youth out of trouble. To reach their potential, a year-round answer is needed. Paid apprenticeships or other work-study need to become part of public education.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.