• Font Size    
E-mail

Close Window E-mail This Page

Another Possible CTA Doomsday Looms

Required fields are marked with an asterisk(*)



The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications. Read more in our Privacy Policy

Send E-mail

   Print     Share +   

Another Possible CTA Doomsday Looms

State Legislators Still Trying To Come Up With CTA Funding Solution

CHICAGO (CBS) ― Lawmakers are ringing in the New Year by tackling a problem left from last year -- the CTA Funding crisis.

A special session of the General Assembly is set for Wednesday. CBS 2's Mike Parker reports.

It may now be 2008, but just like so many times in 2007, Chicago Rapid Transit riders are facing another doomsday – another threat of drastic service cuts and fare hikes. The new deadline is January 20.

"There is no more money, no magic wand; we can't wave this doomsday away," said Rep. Julie Hamos (D-Evanston).

Hamos is chairman of the House mass transit committee.

"This is serious," she said. "It's going to be hard to convince the riders of that because they've seen these doomsdays come and go."

Monday, a special session of the legislature called by Gov. Blagojevich to come up with permanent transit funding convenes in Springfield.

Among the proposals is a Hamos bill that would hike the state sales tax in the Chicago area and create a regional real estate transfer tax. The governor opposes that.

He wants to fund transit by taking $385 million out of state gasoline sales tax revenues. Blagojevich would also close what he calls corporate tax loopholes. A cigarette tax hike is also a possibility.

"I think the governor is serious when he says we have to solve the transit problem," Hamos said. "He's gotten on board with that, he understands he can't do another bailout."

It's likely that lawmakers will treat this crisis a little more seriously. This time primary elections are coming up just a few weeks after the Jan. 20 doomsday. 

cbs2chicago.com's Most Popular Pages
 Slideshow: Most Popular Videos Of 2007
 Slideshow: Newsmakers Remembered 
 Slideshow: Drinks Dudes Should NEVER Order
 Slideshow: They Really Said It! Quotes From Celebrities In 2007
 Slideshow: 90s TV Stars Then And Now
 Slideshow: What A Way To Go
 Slideshow: In To Be Out: Gay Celebrities
 Slideshow: Did You Know? Stars From Chicago!

(© MMIX, CBS Broadcasting Inc. All Rights Reserved.)

You need the latest Flash player to view video content.
Click here to download.

Click here to bypass this detection if you already have the latest Flash Player.