Emanuel Elusive on How to Pay for Teachers' Contract

Mayor Rahm Emanuel today offered no specifics on how he'll pay for raises and other new costs in the Chicago Teachers Union contract, saying he would continue to look for savings in the Chicago Public Schools.

The mayor did not rule out a property tax increase. He chose to talk about unidentified cost-saving measures that he said will help pay for the deal.

"We will continue to find savings in the central office, continue to do other things we have to do as a city to bring the budget in line," Emanuel said while speaking to reporters at Chopin Elementary...

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