Chicago Board of Education to vote on CPS budget as payroll deadline looms

The Chicago Board of Education is set to vote on a revised $9.96 billion budget for Chicago Public Schools (CPS) to avoid a payroll crisis in September. While the plan aims to close a $732 million deficit without increasing debt, it involves cutting 1,600 jobs, leading to strong opposition from the Chicago Teachers Union (CTU) despite the removal of proposed furlough days.