Mayor-elect Rahm Emanuel plans to begin curbing the city's spending habits as soon as he takes office Monday.
On "Day One," he will put a freeze on just about everything but paychecks and bills coming due. That will help fulfill his pledge to cut $75 million from Mayor Richard Daley's last budget.
Emanuel's financial gurus have worked for weeks on a list of options to cut the rest but won't make final decisions until they are in office and get a closer look at City Hall's books. They've given themselves a 60-day deadline.
Budget experts, who long have said the city needs to stop spending more than it takes in, applaud the immediate cuts. But, like Emanuel, they...