Chicago's Mayor Takes Bold Steps on Budget and Debt
Budget Decision Chicago's Mayor Brandon Johnson has approved an alternative budget, distinct from the one passed by the City Council. Notably, this budget excludes a proposed tax on large corporations. Although Johnson did not sign it, the budget will officially take effect in the coming days.
"The city will not shut down because of this."
Key Executive Orders
Medical Debt Protection Johnson signed an order preventing the city from selling medical debt to private collectors. This measure aims to shield residents from aggressive debt collection practices.
Police Overtime Regulations Another order establishes guidelines for police overtime, intended to improve financial management and ensure fair treatment of officers.
Silence on Budget, Stance on Video Gaming Prior to these actions, Johnson remained quiet about the budget. He opposes the legalization of video gaming within Chicago, currently illegal in the city but permitted just outside. Business owners advocate for bringing these games to Chicago to stay competitive. Johnson proposes restricting them to airports only.
Bally's Casino's Concerns Bally's Casino expresses dissatisfaction, arguing that video gaming diverts business from casinos. They also note that the city earns less revenue from these games compared to casinos. If video gaming is legalized in Chicago, the city may not generate the anticipated income.
