Dozens of Chicago alderpeople are expected to vote down Mayor Brandon Johnson's proposed $300 million property tax hike proposal during a special city council meeting on Thursday. Mayor Brandon Johnson wouldn't commit on Tuesday when asked if he would support possible alternatives to his proposal to raise property taxes to close a nearly $1 billion budget gap for 2025.

The Chicago City Council on Thursday rejected Mayor Brandon Johnson’s plan to raise property taxes by $300 million that would have helped close a budget gap of nearly $1 billion for next year.

Those in the industry who spoke to CBS News Chicago said their margins are already so slim that an increased liquor tax could drive business owners to close their doors—and customers to drink outside the city.

One day after the Chicago City Council voted down Mayor Brandon Johnson's $300 million property tax hike, alders sat down again to talk money—this time with regard to the Chicago Police Department. Police Supt.

City Hall’s turbulent budget negotiations turned to Chicago’s police force Friday, with aldermen split on pushing for cuts or additions to the high-dollar and high-stakes department. A day after the City Council unanimously voted down Mayor Brandon Johnson’s proposed $300 million property tax hike,