Chicago mayoral candidate Paul Vallas carries a strong reputation as a school fixer, but his record includes blemishes in Chicago, Philadelphia, New Orleans and elsewhere.
Mayoral candidate former Chicago Public Schools CEO Paul Vallas greets people on Feb. 19, 2023, as he departs the Get Behind the Vest Pancake Breakfast at St. John Fisher Elementary School in Beverly.
But a deeper look at Vallas’ long history in government and education shows a leader who has faced questions about the results he has left behind. For his part, Vallas shrugs off the criticism. Shown Boyle’s comment during a recent interview with the Tribune, for instance, Vallas slid the statement down the table for top aides to see and said, “Yeah, I don’t even know who he is.
“It was a horrible, horrible financial decision,” said state Sen. Robert Martwick, a Chicago Democrat who chairs the Senate’s pension committee and has not endorsed in the mayor’s race. “The bottom line is, if the earnings would have gone south, we would have been mandated to put the dollar amounts in to compensate,” Vallas said.
“The Chicago teachers’ retirement system was extremely healthy,” Vallas said of his time at CPS. “Things really begin to deteriorate three or four years later, when the earnings drop and they do a pension holiday during the Great Recession — at the absolute wrong time to be doing a pension holiday. That impacted all the systems … So when people try to say that somehow I was responsible, it’s hogwash.
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