Chicago joins suit against Betsy DeVos over CARES Act relief funds, says CPS could lose $10 million to private schools – Chicago Tribune

Using the usual formula, CPS would have set aside $18.5 million of the CARES Act money for private school students, according to documents filed with the lawsuit. But the federal rule would require CPS to either reserve nearly $28.7 million of the funds for private school students, or leave 66 public schools in Chicago without any CARES money, according to the filing.
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Tom Paine's Ghost
5 years ago

CTU are greedy vermin who want to cut off any and all competition. If Chicago kids can get a vastly superior education for half the cost of CPS then CTU are exposed for the frauds that they are. Bust this union.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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