Daley: CTA Budget “Very Ugly”
Written By: Alfie Martin on October 15, 2009
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Daley: CTA Budget “Very Ugly”
Reposted from Chicago Breaking News.
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The potential fare increases and service cuts threatened by the cash-strapped CTA present a “very, very ugly” scenario, Mayor Daley said yesterday. But the mayor would not say what he thinks is the right solution to the CTA’s $300 million budget shortfall. He said the CTA must “revisit everything.” On Monday, Daley’s CTA appointees said they need employee union concessions and state help to avoid cutting bus lines and raising the price of a train ride from $2.25 to $3.
Tags: CTA, Daley, fare hike, Public Transit, RTA
