| Good afternoon, Chicago. Mayor Brandon Johnson announced today he will not veto the 2026 budget passed by aldermen, conceding a historic struggle that reached the brink of a government shutdown and
burned his goodwill with the City Council. Speaking to TV cameras from his ceremonial office, Johnson confirmed he will not veto
the $16.6 billion counterproposal to his spending plan for next year, despite his ongoing objections to his council rivals’ package. His decision comes days before the end-of-year deadline to either finalize a budget or imperil vital city services as well as tens of thousands of paychecks. Here’s what else is happening today. And remember, for the latest breaking news in Chicago, visit chicagotribune.com/latest-headlines and sign up to get our alerts on all your devices. Subscribe to more newsletters | Asking Eric | Horoscopes | Puzzles & Games | Today in History news Sledders head to the top of the hill at Barrie Park on Nov. 30, 2025, in Oak Park after the region recorded over 8 inches of snow. (Brian Cassella/Chicago Tribune) On Christmas Day, the only thing blanketing Chicago rooftops will likely be fog, and the only thing falling from the sky might be an intermittent drizzle. More top news stories: business A five-bedroom, 16,000-square-foot Georgian-style mansion on Lake Michigan in Winnetka sold for $34.5 million including personal property — a Chicago-area sales record for the sale of any single residential property in history. (Bob Goldsborough) In the Chicago-area world, it’s a rare buyer who downsizes to a more than $14 million mansion. However, that’s in effect what Jeffrey Quicksilver, who cofounded real estate investment firm Walton Street Capital, and his wife, Ashley, who owns the high-end Winnetka women’s boutique Athene, have done. More top business stories: sports Bears quarterback Caleb Williams celebrates the win over the Eagles on Nov. 28, 2025, at Lincoln Financial Field in Philadelphia. (Brian Cassella/Chicago Tribune) It was an eventful 2025 for Chicago’s professional and college sports teams, on the field and off. Here’s what we saw — and what to watch for in 2026. More top sports stories: eat. watch. do. A woman reads a book in the afternoon sun on a bench outside South Station in Boston, on May 31, 2024. (AP Photo/David Goldman) People stop reading in adulthood for lots of reasons. But it’s never too late to turn the page on old habits and start again. More top Eat. Watch. Do. stories: nation & world Defense Secretary Pete Hegseth speaks as President Donald Trump looks on, at Trump’s Mar-a-Lago club, Dec. 22, 2025, in Palm Beach, Fla. (AP Photo/Alex Brandon) The U.S. military said yesterday that it had conducted another strike against a boat it said was smuggling drugs in the eastern Pacific Ocean, killing one person. More top stories from around the world: |