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The Nexus
BUSINESSJun 18 · 03:30 UTCCHICAGO SUN-TIMESKade Heather

Cook County officials project $550M shortfall for next year

Cook County officials project a $550 million budget shortfall for next year, driven by Medicaid funding cuts, rising healthcare costs, and restricted transportation tax revenue. The general fund faces a $336 million shortfall, while the healthcare fund is projected to lose $215 million.

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