Sun-Times City Hall reporter Fran Spielman is joined by Civic Federation President Joe Ferguson to discuss the alternative budget proposal developed by a group of alderpersons. They discuss the city's current financial challenges and the rejection of Mayor Brandon Johnson's $600 million revenue package. Ferguson outlines the importance of balancing the budget to avoid a downgrade to junk bond status and discusses the need for collaboration between the City Council, the Mayor’s office, labor unions, and the business community.