The Chicago Public Schools system, from which came Arne Duncan, perhaps the nation's most execrable Education Secretary, is in serious financial trouble. So is the State of Illinois. Having already borrowed against next year's property tax collections, CPS somehow expects the state to bail out its underfunded pensions to the tune of $500 million. Though it has subsequently been narrowed, MRC-TV, in covering the district CEO's resignation over a federal no-bid contract investigation, reported in June that the district was facing "a $1 billion budget deficit" for fiscal 2016.
In the midst of all of this, the district's teachers union has overwhelmingly authorized a strike. In searching several current articles on the topic, the hardest things to find were answers to two questions any reasonable person would ask: 1) How much do teachers currently make? and 2) What are their contract demands?