Pension crisis affects CPS budget

Pension crisis affects CPS budget
Pension crisis affects CPS budget

Pension crisis affects CPS budget

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