The interim CEO of Chicago Public Schools says approximately 1,400 jobs will be "impacted" after the district had to borrow money to make a $634 million pension payment. Jesse Ruiz says the district must make $200 million in cuts. He blamed Illinois lawmakers that he says failed to address CPS' financial crisis. Ruiz didn't elaborate on how the jobs would be affected, and a spokeswoman didn't respond to questions. A city official says a plan will be laid out Wednesday. Tuesday was the deadline for CPS to make the payment. Ruiz and Mayor Rahm Emanuel had been pushing lawmakers to approve a 40-day delay they said would give CPS and the Legislature time to find a long-term solution. But the proposal didn't have enough support to pass.
