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Mayor Brandon Johnson said Tuesday that Chicago is heading into the second half of 2026 with a budget gap of at least $130 million after revenue baked into the city’s 2026 spending plan over his objection failed to materialize.
Johnson, who neither signed nor vetoed the $16.6 billion spending plan approved by the Chicago City Council, allowing it to take effect, stopped short of telling reporters layoffs or service cuts would be necessary to bridge the gap, as he warned in January.
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