Thursday, August 21, 2008 Last Update: 10:19 a.m.
Overcast: Currently 77° F
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News submitted by Joseph Schwieterman (Chicago Tribune)

A.K.A. The Money Pit

Once again, Gov. Rod Blagojevich and the legislature provided the Chicago Transit Authority with an 11th hour financial reprieve that has forestalled the need for its planned “doomsday” budget. Although aid from the state is largely welcomed, it has again resulted in the sidetracking of an idea whose time is long overdue: a more rational fare structure that reflects costs incurred by the CTA.

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