Chicago transit faces ‘doomsday scenario,’ regional agency says | “a $770 million budget deficit threatens thousands of jobs, sweeping service cuts, and a crater in the local economy if a financial fix isn’t found by spring”
Posted by ONETRILLIONAMERICANS
7 Comments
!ping USA-CHI&TRANSIT
This is easy, just take out a small payday loan of $770 million dollars
Shouldn’t have sold those parking meters
Congestion pricing?
Misleading title. There is a bill in the IL house that is likely to pass that will fund Chicagoland transit and merge the three separate entities (CTA, Pace and Metra). The details will continue to be hashed out but this isn’t a “DEM CITY IN DISARRAY” story quite yet.
https://www.rtachicago.org/about-rta/press-releases/transit-agencies-sound-the-alarm-on-looming-transit-cuts-one-in-five-city-workers-could-lose-access-to-transit-for-their-daily-commute-thousands-of-jobs-at-risk-if-state-does-not-act
This has now become an emergency and would impact the entire city, the climb back if we don’t meet the moment would take decades.
Take a loan out and give it to the teachers union?