Ted joined Shaun Thompson to talk about about the Chicago Teachers Union’s absurd new contract demands, why so many Chicago teachers are chronically absent, and Brandon Johnson’s failed first year as mayor.
What a representation of Chicago’s plight.
The bill passed despite their votes in response to certain incidents where local prosecutors are thought to have been too lenient with non-citizens assaulting cops.
The Wall Street Journal Editorial Board cited Wirepoints’ analysis of Chicago student proficiency data in their latest piece condemning the Chicago Teachers Union’s outrageous contract demands…all while a vast majority of Chicago’s children graduate unable to read at grade level.
Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.
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There are public entities that are still using Covid funds to balance next year’s budget. Those funds are running out and either service cuts get made or the money is going to need to come from somewhere. The ratings agencies seem to be ignoring reality.
“The ratings agencies seem to be ignoring reality.” How are the rating agencies “ignoring reality” when they are the same ones stating that the city needs a “revenue strategy” to continue improvements in their ratings? “While the city has made some important progress on the expenditure side, the new mayor’s first budget didn’t make similar strides on the revenue side, according to Fitch Ratings, which upgraded Chicago’s general obligation debt to BBB-plus from BBB in October. For example, the budget didn’t include raising the property tax levy to account for inflation”“Chicago’s credit quality “is heavily pressured by its expenditure burden… Read more »