Rauner's Republicans to propose allowing bankruptcy, state oversight of CPS (Chicago Public Schools)

Rauner's Republicans to propose allowing bankruptcy, state oversight of CPS

Rick Pearson and Kim Geiger

Republican legislative leaders on Wednesday are expected to unveil proposals to allow Chicago Public Schools to declare bankruptcy and to put the financially struggling school district under state supervision, sources said Tuesday.

• Chicago Public Schools debt further downgraded by Standard and Poor's

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