The Cost Of A CPS Bailout

CPS owes three times more than the state will spend on public schools for all districts this year. Remember last month when suburban Democrats were pushing a massive tax hike as a solution to balance the budget? Well, under SB one, a significant portion of the new money from the thirty-two percent increase in your income taxes will go to bailout CPS.  If they have their way, Democrats will commit your hard-earned money to bailing out CSP – to the extent that it is even possible – for the next twenty to thirty years. Pat Hughes explains on this episode of Dollars and Sense.