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Standard & Poor’s said Mayor Rahm Emanuel’s final budget is a reflection of the status quo — but that massive pension bills that will come due in 2020 “casts a shadow” over the spending plan. Nine more aldermen reported $20,000 contributions from Mayor Rahm Emanuel, who has put a total of $280,000 from his campaign fund behind his promise to help his allies on the City Council win re-election. Ald. Michael Scott, Jr. (24) is no longer unopposed in his bid for re-election, as a well-known business owner filed to challenge him in February.
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