Mayor Johnson’s budget timeline delay spells difficult months ahead for Chicago’s financial conundrum – Chicago Tribune/MSN

“It is, by my lens and by the lens of most experienced hands going back a couple generations now, possibly the most challenging moment for the city,” said Joe Ferguson, president of the fiscal watchdog Civic Federation. “Not to downplay the challenge of the Great Recession, but we have fewer options now than we had then. And this is an enormous deficit, a deficit that is in the range of the COVID deficits, without the benefit of any white knights.”