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Digging in on Chicago Mayor Brandon Johnson’s Budget Plan, Which Counts on Short-Term Fixes to Plug Hole

The $16.6 billion budget aims to close a $1.19 billion deficit using tax hikes on digital services and TIF surplus sweeps, drawing support from progressives and criticism from business groups.

Summary by Hastings Tribune
Chicago Mayor Brandon Johnson’s $16.6 billion 2026 budget proposal won early praise from progressives and disdain from business interests when he unveiled it last week.

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Chicago Tribune broke the news in Chicago, United States on Sunday, October 19, 2025.
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