CTU to March and Rally Today for a Fair Contract, City and Schools Chicago’s Students Deserve
CHICAGO—Two days after Mayor Rahm Emanuel’s handpicked Chicago Public Schools (CPS) CEO Forrest Claypool declared war on public school educators by threatening $100 million in classroom cuts—roughly 1,000 layoffs—and the removal of teachers’ long-standing pension pick-up, the Chicago Teachers Union (CTU) will continue a series of non-violent direct actions with a mass march and rally from Bank of America (BOA) to City Hall today at 4:30 p.m.
Yesterday, the CTU withdrew nearly $1 million from its BOA account in protest of that bank and other financial institutions that sold CPS toxic interest rate swaps and are demanding a payout of at least $228 million—almost the exact same amount as cuts enacted by the Chicago Board of Education to schools and special education. In total, the City of Chicago and CPS will lose $1.2 billion…
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