In this episode, Fran Spielman invites Chicago City Council veterans Matt O'Shea and Scott Waguespack to discuss Mayor Brandon Johnson's recently unveiled $16.6 billion budget proposal aimed at addressing a $1.15 billion shortfall. The proposed budget includes significant tax and fee increases targeted at businesses and wealthier residents, a controversial head tax, and a $1 billion tax increment financing (TIF) surplus. The discussion covers the potential consequences of these measures for Chicago's economy and residents, challenges posed by the council's resistance, and the lack of communication and transparency from the mayor's administration.