Pension crisis affects CPS budget

Pension crisis affects CPS budget
Pension crisis affects CPS budget

Pension crisis affects CPS budget

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Chicago Public Schools presented their budget to the Board of Education Wednesday. They point to the pension crisis in Springfield as a major contributor to the $1 billion shortfall, and said they would have to slash $1,000 per student, among other cuts, to fill the gap. CPS CEO Barbara Byrd-Bennett breaks down the numbers. Photo: Flick/alamosbasement