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City Holds Town Hall Meeting on Budget

The mayor and top city officials are speaking to the public at this hour in the first of a series of town hall meetings on the city budget. That budget could be as much as $754 million out of whack, thanks to escalating pension costs. Higher taxes and fees are almost certainly inevitable. The question is: which? How are residents responding to the shortfall?

Paris Schultz joins Chicago Tonight live from Malcolm X College.