Backed by Gov. Bruce Rauner, top Illinois Republicans called Wednesday for a state takeover of the financially troubled Chicago Public Schools, which faces a nearly $1 billion budget deficit that could lead to thousands of teacher layoffs and a possible strike in a matter of months. Senate GOP Leader Christine Radogno called the plan a "lifeline" for CPS, though Democrats quickly shot down the idea. Radogno and House Republican Leader Jim Durkin said the legislation would give the Illinois State Board of Education control over the nation's third-largest school district. They also noted that GOP lawmakers may reveal a bankruptcy...