WTTW's "Chicago Tonight"
This segment gives an overview of the City of Chicago’s fiscal health following the July 31 release of the City’s Annual Financial Analysis, which projects a deficit of $369.0 million in FY2013. Civic Federation President Laurence Msall said the City will have to find significant savings to close future deficits, especially when faced with a $730 million increase in pension contributions in FY2015.