CPS Facing Federal Investigation, Calls For Bankruptcy
Gov. Bruce Rauner said this week that bankruptcy may be the best option for the Chicago Public Schools system to get its fiscal house in order. One day later, it was revealed that the federal government is investigating CPS. News reports say the investigation involves a no-bid contract for principal training awarded to a company that once employed CPS CEO Barbara Byrd-Bennett. We'll discuss the challenges facing CPS with a panel of experts.