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Emanuel paints bleak picture of city finances, but rules out tax hike

Jul 29, 2011 11:58:23 PM- chicagotribune.com
Mayor estimates next year's deficit at $636 million, calls this 'moment of truth'

Mayor Rahm Emanuel on Friday ruled out a tax increase and one-time fixes to close yet another massive city budget gap, saying Chicagoans are tired of being "nickeled and dimed" to pay for a government that could be run better.

USA, Illinois: (Latest Stories)