Plan to Fund $500 Million of CPS Pension Payments Advances to House
Watch the video: A plan to have the state alleviate $500 million in Chicago Public School teacher pension costs moves to the House. What will Governor Rauner and Speaker Madigan do?
With approval of the measure, CPS can eliminate half of its projected $1 billion budget deficit. Without it, CPS CEO Forrest Claypool has warned of further draconian cuts and big class size increases. The question now: What will House Speaker Mike Madigan and Gov. Bruce Rauner do with the bill Mayor Emanuel so desperately wants?
Chicago Tonight Springfield reporter Amanda Vinicky joins us with the latest.