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Daley to Cut $10 Million from Chicago City Budget

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Daley to Cut $10 Million from Chicago City Budget
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Mayor Daley announced Thursday he's cutting $10 million from his budget. It means the city wants no pay for holidays, another seven mandatory furlough days, and to give "comp" time instead of overtime pay.

He said "everyone wants a glimmer of hope," but it seems Daley doesn't see one.

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