Chicago Public Schools was able to make its $634 million pension payment on Tuesday after using borrowed funds and cutting 1,400 jobs. Paris Schutz has the latest on CPS’ funding crisis, including Mayor Rahm Emanuel’s long-term plan to address how school districts and teachers’ pensions are funded.

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A new federal grant aimed at speeding up travel time between Chicago's downtown and O'Hare airport was announced on Thursday. Ash-har Quraishi has the story.

The risk of that third shutdown may now be over late today after a funding announcement from FEMA and a tentative stop-gap measure in the U.S. Senate. Carol Marin and her panel have the latest.