Welcome to the Reader‘s morning briefing for Monday, November 20, 2017.
Analysis of Emanuel 2018 budget raises red flags
Chicago’s financial crisis is far from over, and there’s still plenty of “heavy lifting” to do, according to a Civic Federation analysis of Mayor Rahm Emanuel’s 2018 budget. The $8.6 billion budget includes new and higher taxes to generate revenue, but the city is still being crushed by debt and pension liabilities. “The heavy lifting is not over. There is much more that needs to be accomplished,” the Civic Federation wrote. Despite the issues, the organization endorsed Emanuel’s plan. [Sun-Times]
