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(Chicago Sun Times) — Chicago taxpayers are “hemorrhaging” money, thanks to the “liberal” and “standardless” award of overtime pay to Chicago Fire Department brass that wiped out savings generated by mandatory furloughs, Inspector General Joe Ferguson has concluded.

In a preliminary report issued Tuesday, Ferguson concluded that straight overtime payments to the Fire Department’s 50 “exempt” employees skyrocketed — from $18,516 in 2008 to $311,180 in 2009 and $191,293 during the first three months of this year.

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