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Tax Policy

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Chicago Faces $130 Million Midyear Shortfall Linked to Council-Backed Revenues

The mayor says several council-approved revenue plans produced little or no cash and warns the gap could shape fights over the 2027 budget.

Hochul Rejects NYC PTET Cut as Mamdani Seeks $1 Billion to Plug Budget Gap

Education Department Resumes Targeted Student-Loan Forgiveness as Servicers Confirm Discharges