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Emanuel to increase ride-hailing fees, give extra money raised to CTA

Mayor Rahm Emanuel appears to be headed for his most tranquil budget season after City Hall on Tuesday lifted the veil on the last bit of mystery surrounding his $10 billion spending plan: an increase in ride-hailing fees to bankroll CTA improvements.

Under the mayor's plan, the 52-cent fee already tacked on to every ride on Uber and Lyft will rise to 67-cents next year and 72-cents in 2019.

The money-$16 million the first year and $21 million the second-will be funneled to the CTA to help bankroll unspecified improvements that, Emanuel maintained, will strengthen Chicago's bid for Amazon's second North American headquarters.

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