Rauner Says CPS Bankruptcy Has Support

(Chicago, IL) — The governor of Illinois says Chicago Public Schools has bankruptcy support. For the second time in two days, Governor Rauner is saying that the best way out of the financial mess the Chicago Public Schools are in is through a state takeover and bankruptcy. Rauner also predicted that suburban and downstate Democrats would defy their leaders and support a bill to allow a state takeover. Rauner also denied that his recent calls for a CPS bankruptcy were designed to sabotage the district’s bond sale, which is going forward after a brief delay.