Chicago's teetering debt is stark warning left-wing mayor is fueling 'pay later' doom cycle: expert ^52.8%

Fox News - By Charles Creitz - 3/20/2026, 6:50 PM

Chicago Mayor Brandon Johnson and his administration are presiding over a city in serious financial straits. Chicago, the nation’s third-largest city, is facing a corporate fund budget gap of more than $1 billion, while its 2025 fiscal year is projected to close with a roughly $150 million deficit with about two-fifths of the budget... more