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Without revenue replacement from Congress, Chicago faces 'really difficult or impossible choices,' mayor says

from Chicago Sun-Times

Chicago will be faced with a series of “really, really difficult or impossible choices” without another round of stimulus money to replace revenue lost during the coronavirus pandemic, Mayor Lori Lightfoot said Monday. Three weeks ago, Chief Financial Officer Jennie Huang Bennett told the City Council’s Finance Committee the stay-at-home shutdown of the Chicago economy triggered by COVID-19 would cost the city “hundreds of millions” of dollars in revenue and “probably in excess of $500 million.” more

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