Chicago CTA Volatility, $95M Budget Hole, Service Cuts, 1100 Laid Off (Video)

CTA services will be cut on Sunday with 1,100 workers laid off.  The video below is from ABC7 Chicago. They have a $95 million budget shortfall. I guess the 25 cent fare increase didn't help the situation. This is a disaster for Chicago workers and commuters.

Bus union official: CTA cuts will be 'horrific' (ABC7 Chicago)
No deal to save CTA from service cuts (ChicagoTribune)
CTA: Plan trips as service cuts take effect (JG-TC Online)
CTA bus barn shut as bus, train cuts loom (ChicagoBreakingNews)
Illinois Insolvency, Chicago Commercial Real Estate Outlook [Warehouse Vacancies Hit 12.1%]