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Event Brief

Chicago Council Passes 2026 Budget to Close $1.2 Billion Gap

Chicago's City Council approved a $16 billion budget for 2026, facing uncertainty over Mayor Johnson's decision.
WHO: Chicago City Council, Mayor Brandon Johnson
WHAT: Passed 2026 budget
WHEN: Dec 20, 2025 at 7:00 PM ET
WHERE: Chicago
WHY: To address a $1.2 billion budget gap
Sources (1): Bloomberg

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