CPS CEO Forrest Claypool says he’s holding out hope for a compromise from state and local politicians. If that doesn’t come through, ‘Plan B’ is massive budget cuts, and beyond that, there is no ‘Plan C’
After weeks of back and forth in Springfield, Gov. Bruce Rauner and lawmakers are edging up to the July 1 deadline in their struggle to pass a state budget. The Governor has vetoed most of the Democratic legislature's proposed plan. As he continues to stand his ground on cutting the flow of state money for many services from childcare to reducing tax credits for companies, a shutdown is a real threat if no decision is made by the end of the day Tuesday. We get a primer on what a state shutdown would look like with WBEZ state politics reporter Tony Arnold, and hear from two Chicago-based service groups that face a range of service cuts under Rauner's proposed plan.
A series of reductions in state services is the latest move in a back-and-forth over the Illinois budget. On Tuesday, Governor Bruce Rauner announced that he'll begin to cut state services and spending. Those include suspending business tax incentive offers, calling off the Illiana Tollway project, and increasing the co-pays for low-income families. The governor's office says it's responsible budget management. We hear from WBEZ's Tony Arnold with the latest. Also, a look how the Stanley Cup seeking Chicago Blackhawks affect the city's economy.