Bob Fioretti

Sleepless in Chicago over CPS budget crisis

Sleepless in Chicago over CPS budget crisis

I ran into Ald. Bob Fioretti, 2nd, at the Hideout on Friday evening and asked him if — come on, honestly, now that his campaign for mayor is over — he had workable, realistic solutions to the financial problems the next mayor of Chicago will confront.

Yes and no, he said.

Yes, he said, he thought he could have trimmed budgets here and there, moved some money around and made the $550 million payment due this year to the police and fire pension funds.

But no, he said, he had no idea how to address the estimated $1.1 billion budget deficit facing the Chicago Public Schools. That problem, he said, kept him lying awake at night.

Here's why:

CPS is out...