Here are few reactions from City Hall and beyond to outgoing Chicago Mayor Richard Daley's final budget proposal, wrapped up from around the web:

"It’s kind of like a homeowner that has to sell their dining room set in order to pay next month’s rent. It doesn’t sound like a good idea. But if they don’t get next month’s rent, they don’t have a roof." -- Ald. Ed Burke (14th Ward)

“If you put a band-aid on a bullet wound, you’re going to bleed through it." -- Ald. Leslie Hairston (5th Ward)

"We can no longer deny that we are living beyond our means.  We must go beyond the temporary fixes to confront our structural deficit in a permanent way." -- Mayoral candidate Rahm Emanuel

"By spending money generated on the expectation of future generations’ revenue, the Mayor’s plans could be nothing more than a bad payday loan that our children will have to pay back." -- Illinois Public Interest Research Group field director Celeste Meiffren

And Wednesday on WTTW's Chicago Tonight, four aldermen -- two sympathetic to the mayor, two who are much more critical -- weighed in. Watch (the full clip is available here):

Hearings about the 2011 budget start next week in City Hall. For ideas about how the city's budgeting process could be improved, be sure to check out story from earlier this week.