Chicago’s $12.8 Billion Budget Plan Raises Taxes, Cuts Jobs – Yahoo Finance

“It’s good that they proposed higher taxes,” said Dora Lee, director of research for Belle Haven Investments, which holds Chicago debt as part of $11 billion in muni assets under management. “Politically, it’s one of the harder things to do especially right now, but getting through the next year is going to require a lot of politically hard choices.”

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