City Faces $1.2 Billion Budget Shortfall For 2021
City Faces $1.2 Billion Budget Shortfall For 2021

Mayor Lori Lightfoot on Monday projected an $800 million budget shortfall for the rest of 2020, and a $1.2 billion deficit for next year, as the COVID-19 pandemic continues to take a severe toll on the city's tax revenues.

CBS 2 Political Investigator Dana Kozlov reports.