Illinois state Rep. Barbara Flynn Currie has introduced a pension bill that is unfair to new and current workers, is potentially unconstitutional, bails out Chicago Public Schools’ pensions, and perpetuates Illinois’ broken pension system.
State lawmakers’ latest bill not only forces a failed “evidence-based” education funding program on Illinois, but also bails out Chicago Public Schools.
At a time when businesses are fleeing the state, a group of Chicago aldermen are attempting to revive the employer’s expense tax to bail out Chicago Public Schools.
While states surrounding Illinois are enacting labor reforms that benefit residents, Illinois remains a bastion of labor power. Now the Chicago Teachers Union wants even more power – including the broadened right to go on strike and strand parents and students.
Gov. Bruce Rauner has suggested funding CPS with tax increment financing, or TIF, funds; this would temporarily bail out the district, but more needs to be done to address serious concerns about Chicago’s TIF program.