Maybe Chicago schools should declare bankruptcy and get it over with, says Moody’s – MarketWatch

MarketWatchThe second idea from the credit-ratings agency is to skip a pension payment to the Chicago Teachers’ Pension Fund, which would come just months after the district and its teacher’s union hammered out an 11th-hour contract to avoid a second labor strike …CPS orders 4 unpaid furlough days for all employeesChicago TribuneProperty-tax increase ‘most likely’ […]

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