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(Chicago Tonight)

Facing an ongoing lawsuit brought by Chicago Public Schools and increasing calls to restore vetoed funding to the cash-strapped school district, Gov. Bruce Rauner is urging “swift action” to enact statewide pension reform in a new Republican-led bill.

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Under pressure to send Chicago Public Schools cash following a social media lashing from Chance the Rapper, Gov. Bruce Rauner’s administration is intensifying pressure on Chicago Mayor Rahm Emanuel and Democrats to act.

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Illinois Policy Institute CEO John Tillman (Chicago Tonight)

The conservative Illinois Policy Institute unveiled a plan Tuesday that promises to fill Illinois’ $7.1 billion budget hole, without any increase in taxes. 

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Chicago Public Schools CEO Forrest Claypool announced Friday district employees will be furloughed on four days spread throughout the rest of this school year. (Chicago Tonight)

CPS teachers, staff and central office employees will not work four separate school days spread throughout the rest of the school year as the district continues looking for cost-cutting measures to balance its 2017 budget.

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Speaking before a group that opposed the recent bill to raise electric rates and bail out two failing nuclear plants, Gov. Bruce Rauner explained why he supported it.

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(Chicago Tonight)

Gov. Bruce Rauner has vetoed legislation that would have provided Chicago Public Schools with $215 million in pension relief funding, blowing a massive hole in the district’s 2017 budget.

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Joel Weisman and his panel discuss Gov. Bruce Rauner’s power play to take over the financially broken Chicago Public Schools, Democrats’ response to his proposal and the lack of bipartisan support of the governor’s pension plan. 

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The mayor and top city officials are speaking to the public at this hour in the first of a series of town hall meetings on the city budget. That budget could be as much as $754 million out of whack thanks to escalating pension costs. Higher taxes and fees are almost certainly inevitable, the question is which? How are residents responding to the shortfall? Paris Schultz joins us live from Malcolm X College.

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From NBA legend Michael Jordan’s lawsuit against Dominick’s to the end of CPS’ pension pickup for non-union workers, Joel Weisman and his panel have your week in review.

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Should downstate and suburban school districts pay the hundreds of millions in costs to fund their teacher pensions? A group of Chicago area state lawmakers say yes. They say it’s a better way to level the playing field between Chicago and other school districts. But not everyone is on board.

Mayor says he's 'ready to work' with Rauner on workers' comp reform

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Gov. Bruce Rauner on Thursday said his administration would be willing to help Chicago Public Schools and the city’s pensions, provided the city helps Rauner give local municipalities the ability to limit collective bargaining with public employees. On Chicago Tonight Mayor Rahm Emanuel responds to Rauner’s challenge.

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The City of Chicago will have to wait two more weeks before a judge's ruling on whether pension legislation supported by Mayor Rahm Emanuel is constitutional. Lawyers representing city workers, as well as the city and the employee pension funds made their cases to Cook County Circuit Court Judge Rita Novak Thursday morning. Novak said she will issue a ruling on Friday, July 24.

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Is Gov. Bruce Rauner's newest pension proposal constitutional? How will it impact city and state employees? John Tillman, CEO of the Illinois Policy Institute, and Ralph Martire, executive director for the Center for Tax and Budget Accountability, analyze the plan.

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Chicago Public Schools was able to make its $634 million pension payment on Tuesday after using borrowed funds and cutting 1,400 jobs. Paris Schutz has the latest on CPS’ funding crisis, including Mayor Rahm Emanuel’s long-term plan to address how school districts and teachers’ pensions are funded.

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As Gov. Bruce Rauner and the Democrat-controlled General Assembly continue to battle over the state’s budget, we talk with former Republican Gov. Jim Edgar (1991-1999) about the state’s pension-funding plan he signed into law, how he worked with Democrats in Springfield, and what advice he has for the governor. 

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The Illinois General Assembly passes Mayor Rahm Emanuel’s long-anticipated changes to police and fire pensions. But will it stave off a massive property tax hike? And will Gov. Bruce Rauner sign on? Paris Schutz has the latest.