Tag Archives: structural deficit
CN Sep 12, 2013
So why do we keep talking about eradicating the “billion dollar deficit” at CPS by taking away benefits from teachers? Why can’t we lay the blame with Mayor Daley, Paul Vallas and the complicit legislators who allowed tax levies specifically … Continue reading
CN May 24, 2012
When Alex Holt assumed her duties as Rahm Emanuel’s new budget director, she faced what she calls a “structural deficit”. That refers to a built-in, never-ending and rapidly escalating difference between the City’s revenue and expenditures. And this wasn’t … Continue reading