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Chicago Faces $1.2 Billion Budget Shortfall Following Catastrophic Economic Collapse
Posted on 9/2/20 at 11:31 am
Posted on 9/2/20 at 11:31 am
quote:
Chicago’s mayor, Lori Lightfoot, announced Tuesday that the city is facing a historic $1.2 billion budget shortfall for the fiscal year 2021, following what the mayor called a “catastrophic” economic collapse caused by the coronavirus pandemic and by widespread rioting and looting that did an estimated $60 million in physical damage to the city’s downtown and untold damage to its tourism industry.
“Saying Chicago faces ‘a crisis unlike anything we have experienced in our lifetimes,’ Mayor Lori Lightfoot painted a grave financial picture for the city on Monday, detailing a projected $1.2 billion budget shortfall in the 2021 fiscal year,” Chicago’s public broadcasting station, WTTW reported.
daily wire
41
Posted on 9/2/20 at 11:31 am to Frank Black
Raise the property taxes on white people!
Posted on 9/2/20 at 11:32 am to Frank Black
Oh well , frick em.
Posted on 9/2/20 at 11:32 am to Frank Black
Something about reaping and sowing.
Posted on 9/2/20 at 11:32 am to Frank Black
Let them fail...do not bail them out!
Posted on 9/2/20 at 11:32 am to SirWinston
quote:
Raise the property taxes on white people!
She doesn't have that power, but it won't stop the State.
Posted on 9/2/20 at 11:32 am to Frank Black
too bad she hasn't done anything to fix it
still will have 140 police guarding her house when needed even if the department gets down to 150 total
still will have 140 police guarding her house when needed even if the department gets down to 150 total
Posted on 9/2/20 at 11:34 am to Frank Black
these big Democrat-run cities that are in economic trouble are banking on Biden and Pelosi bailing them out...
Posted on 9/2/20 at 11:34 am to Frank Black
Posted on 9/2/20 at 11:34 am to Frank Black
All democratic mayors will use this fake pandemic to get more money
But yet they blame trump for the pandemic
Surprises me that people do not see the corruption and blatantly lieing
But yet they blame trump for the pandemic
Surprises me that people do not see the corruption and blatantly lieing
Posted on 9/2/20 at 11:35 am to Frank Black
I’m sure there’s from governmental fat that needs trimming... but they won’t .. they’ll just raise taxes even more Driving more of their tax payer base elsewhere
Posted on 9/2/20 at 11:35 am to Frank Black
Good. Reap what you sow
Posted on 9/2/20 at 11:35 am to Frank Black
quote:
by widespread rioting and looting
That is your entirely your fault Ms Lightfoot.
Posted on 9/2/20 at 11:35 am to Frank Black
Posted on 9/2/20 at 11:37 am to Frank Black
Chicago should send out some of their homegrown Budget Operatives and Financial Advisors to neighboring cities to help shore up that shortfall
Posted on 9/2/20 at 11:37 am to Frank Black
Trump’s fault.
Posted on 9/2/20 at 11:38 am to Bunta
So the many murders a day not good enough to mention either eh?
Posted on 9/2/20 at 11:38 am to Frank Black
Stop voting for liberals
Posted on 9/2/20 at 11:40 am to Frank Black
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