Pedaling While Rome Burns
Governor Blagojevich’s last-minute bailout spared CTA riders long-threatened doomsday hikes in fares and cuts in services—for the moment. Still, without a permanent tax hike to close the budget gap of $110 million a year the CTA is likely to slash bus routes and raise fares to as much as $3 a ride. At the same time, the local property tax machine is gearing up to send out property tax bills that will jump as much as 100 percent for some home owners. And what’s the city’s response to this pending crisis?
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