The RTA said nearly 3,000 transit workers could be laid off, and the loss of transit services could cost the local economy $2.6 billion a year. The Chicago area also could see $1 billion a year in ...

Chicago’s woes are part of a growing financial crisis that is playing out in urban transit systems across the country. Agencies in the largest cities are currently staring down steep budget ...

As Chicago transit agencies and Illinois lawmakers near a deadline to fix a transit budget shortfall of about $770 million, some are calling for a services tax.

That is currently in jeopardy. Chicago’s regional transit system is facing a $771 million fiscal cliff due to chronic underfunding and changes in travel patterns post-pandemic.

The big city’s commuters would be hit hard, with the Chicago Transit Authority poised to shut down four of eight elevated train lines and 74 of 127 bus routes under the worst-case scenario.

A significant overhaul of public transit in the Chicago area to address a looming fiscal cliff stalled in the House over the weekend.

Chicago’s plight mirrors transit disasters nationwide. Philadelphia’s SEPTA proposes 45 percent service cuts and a 9:00 p.m. rail curfew. San Francisco and New York face similar shortfalls.

A major crisis is brewing for Chicago's public transit system, officials warned on Friday. The Regional Transportation Authority, which oversees the budgets for CTA, Metra, and Pace, is facing a ...