Neither the CTU nor CPS have used the word "strike," but the reality is the 19-page factfinding report opens the door for teachers to prepare for one.

The Chicago Teachers Union (CTU) may be closer to a strike after rejecting a report from an independent arbitrator. The CTU said the third party arbitrator found Chicago Public Schools have more money to offer teachers than they’ve let on.

As talks continue between the Chicago Public Schools and the Chicago Teachers Union, the union is rejecting a report from an independent factfinder. As Jermont Terry reports, the move could start the countdown to a possible strike.

After nearly nine months of bargaining, the Chicago Teachers Union and Chicago Public Schools have yet to settle a new, four-year contract. They presented briefs to a third-party law arbitrator