Legislation to allow an emergency oversight board appointed by the state to take over CPS – and also allow CPS to declare a Chapter 9 bankruptcy – is intended to save the school system, GOP leaders said Wednesday.No word yet from Barack Obama on this subject.
“What we are proposing is a lifeline,” Sen. Rep. Leader Christine Radogno, who appeared with Illinois House Minority Leader Jim Durkin at the Thompson Center in the Loop to discuss their legislative plans Wednesday morning.
“The goal here is to right the ship,” Durkin said, but the declaration is “not a bailout.”
Wednesday, January 20, 2016
Plan for takeover, bankruptcy is 'lifeline' for CPS, Republicans say
The Chicago Sun-Times reports:
