New year, same problems? This episode looks ahead at 2017 and all the fiscal challenges facing Chicago, Illinois, and public schools. To help us navigate the issues, we sat down with budget wonks Bobby Otter and Daniel Hertz of the Center for Tax and Budget Accountability (CTBA).

Highlights: Chicago Public Schools’ third spending plan this school year, Illinois’ unsurprising lack of one, and how a new framework for education funding statewide could impact both. Plus, a prognosis for city and state finances in light of the “lockbox” amendment, a budget without tax hikes, and Trump administration proposals on infrastructure and Obamacare.

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