Chicago Teachers Union Responds to Fraudster Rahm Emanuel's Newest Accounting Scam.

The Chicago Teachers Union responds to fraudster and Fannie Mae accounting scamster Rahm Emanuel on his coming budget cuts:

Despite claiming over $900 million in aggregate cuts ‘away’ from schools over 4 years, CPS has actually increased spending on central office salaries since 2011, by $22 million. CPS has not only held the line against budget cuts to its central offices involved in standardized-testing (Department of Assessment), expanding school choice (Innovation and Incubation) and test-based management of schools (Accountability), but they’ve increased spending on staff by 11% since 2011. The district spends nearly $300 million a year on interest on debt owed to the banks, and pays millions a year in fees to banks just to be able to sell more debt to the bond market.

The great moments of government schools.