If anything, Claypool sounded as though a fare hike may be in the cards for next year. more ›

Yesterday evening, news broke of a deal between the RTA and Gov. Quinn providing funding so that the CTA could avoid fare hikes through 2011. Details of the deal haven't been announced - Quinn is expected to outline those in an afternoon press conference - but Greg Hinz at Crain's reports: more ›

Now that Mayor Daley is firmly back on Chicago soil, he's staring down not only a dangerously low popularity rating, but also a city that's on the verge of economic disaster. Impending budget holes, (yet another) CTA Doomsday scenario, unemployment and of course the on going parking meter fiasco. Before any of these crisis, individually or in total, do him in, Mayor Daley is trying his darnedest to to some serious spin. He's already insisted he won't raise property taxes to close the budget gap, likely taking reserve funds to help him do that. more ›

Mayor Daley responded yesterday to the CTA's proposed 2010 budget, calling the potential fare hikes and cuts in service, “very, very ugly" while also trying to reinforce that nothing has been approved, adding, "This is only proposed. And like anything else, that's the last resort. No one wants to see fare increases or service cuts. But they are in a very difficult position." The proposed budget includes the cutting of several express bus routes, trimming back time-tables for bus and rail service, and, most famously (or infamously), raising rail and express bus route fares by 75-cents to $3 per ride. more ›