Daley: Tax increase backers ‘out of their mind’

Chicago Breaking News

About 200 people filled the Westinghouse College Prep gymnasium on Chicago’s West Side Friday night for the city’s second budget hearing.

Before taking questions, Mayor Richard Daley sought to stem criticism over a record $655 million shortfall by pointing to the dismal state of the national economy.

“This is a much more difficult economy than we have ever seen,” Daley said. “This economy is not going to change around tomorrow. I wish it was, but it will not change.”

Daley said that increasing taxes was not the solution.

“If anybody believes they can increase taxes today, I think they’re out of their mind,” he said.

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H/T Instapundit

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