RTA plans stall as tax fights block bailout
Illinois lawmakers push rival plans to rescue the financially strapped Chicago area mass transit system. Gov. Thompson and Chicago leaders favor higher taxes, while suburban Republicans oppose any new taxes, arguing funding should originate in Chicago. A 5 percent oil tax failed, leaving the RTA on the brink of shutdown.
MENTIONED IN THIS ARTICLE
Bob Springer
Springfield
Illinois General Assembly
Chicago Area
General Assembly
James R. Thompson
Chicago
House
Senate
Cook County
Cook
RTA
Jack Schaffer
Crystal Lake
McHenry County
Long
Illinois
Schaffer
Thompson
Transit Board
Totten
Savickas
Jeremiah Joyce
O’hare International
RTA Finances in Crisis as Audit Slams Records
The Chicago area mass transit system faces renewed peril amid reports of unexplained discrepancies in Regional Transportation Authority finances. The Illinois Auditor General and the Chicago Tribune flag weak controls and differing bank balances, fueling talk of near-term shutdowns and new bailout plans from lawmakers.
MENTIONED IN THIS ARTICLE
Chicago
Illinois Auditor General
Chicago Tribune
Regional Transportation Authority
The
Tribune
Illinois
Robert Cronson
RTA
Firefighters push for bargaining rights in Illinois
Illinois firefighters rally on the Capitol steps to back a bill granting collective bargaining, with binding arbitration if talks fail. The measure, which would require the state to cover arbitration costs and ban unfair labor practices, passed the House 106-39 and awaits Senate action amid a postponed committee hearing. Governor Thompson pledged to sign a workable bill for public benefit and taxpay ers, while noting technical compromises remain.
MENTIONED IN THIS ARTICLE
Thompson
Senate
House
Chicago
Springfield
Illinois
Capitol
Senate Labor and Commerce Committee
Earlean Collins
James R. Thompson
Afl-Cio
Robert G. Gibson
Also Mentioned on This Page
Lyle Manock
Cronson
Sen
Frank Savickas
GOP
George Ryan
Kankakee
Senate Democrats
Philip J. Rock
Oak Park
Rock
Chicago Transit Authority
Gov
James Thompson
Navy
Bone
North Main Stert
S. Illinois
Carbondale
MidAmerica Bank
Sha
MidAmerica Aesa
Mt Convenience
Ry A
MidAmerica Bank of Carbondale
MidAmerica
Alton
East St. Louis
Fairview Heights
Lebanon
Mascoutah
Sars Yd America Bank
MidAmerica Bank and Trust Company of Carbondale
Horner Rausch
Orner Ausch Optical Company
University Mall
Ran Wifal
Bey
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