Chicago fares could soon be among nation's highest

The 2010 budget proposal made Monday would have the basic subway fare go up 33 percent, from $2.25 to $3.00. Simultaneously, the agency would reduce subway service by 9 percent and bus service by 18 percent.

CTA President Richard Rodriguez told reporters a battered economy has forced Chicago's hand. The agency is receiving 30 percent less income from sales and real estate taxes than expected.

Many cities face similar woes and also have raised ticket prices, including New York, which boasts the nation's biggest mass-transit system.