Who will bear the burden of CTU’s generous new contract? Take a guess.
November 18, 2019
Tapped-out Chicago taxpayers will not be surprised to learn there is no secret stash of money in the basement at Chicago Public Schools to pay for the expensive new teacher contract. Chicago Teachers Union officials earlier this year said the costs of a new contract would come from “rich people,” casino gambling, legalized marijuana and sports betting. Nope. Those revenues won’t cover the 16% pay raises and other promises. Money expected to be generated, eventually, from gambling and cannabis legalization would flow to the city budget, not the schools. The burden will be borne by rank-and-file middle-class taxpayers and property owners. Same as it ever was in Illinois. READ MORE
ILLINOIS POLICY Illinois pension costs skyrocketed by 500%, crowding out government services Since fiscal year 2000, after adjusting for inflation, state spending on education has grown by 21%. State spending on everything from child protection, state police, college aid for low-income students and more has fallen by nearly one-third during that time. State spending on pensions for government workers, meanwhile, grew by a whopping 501% – on top of a 127% increase in spending on health care costs for state workers.