Wednesday, September 21, 2005

Cook County in Budget Crisis

There's isn't a national recession going on.But,in Cook County,Illinois they are having budget problems.The Chicago Sun-Times reports:
Cook County commissioners bickered and battled for months over the 2005 budget, trying to close a $73 million deficit without raising taxes.

Tuesday, they learned their fight will be four times as tough in 2006 -- as they could face a $300 million deficit.

And maybe even more
.
It's kind of expensive to have many people retire at 48 years old and get most of their salary.