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CTA approves 2015 budget with no fare increasess

There are no fare increases in the budget that the Chicago Transit Authority board has approved for next year.

The Chicago Sun-Times reports that projections for the next two years after that don't include fare increases either. The board unanimously approved the budget on Wednesday.

The balanced budget totals about $1.44 billion. It doesn't include service cuts and does have a slight increase in rush-hour train service on the Blue and Orange lines. There previously were increases on the Red, Purple and Brown lines.

CTA President Forrest Claypool credits “responsible fiscal management.”

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