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Lightfoot vows to tackle pension crisis once and for all, even if means risking her political future – Chicago Sun-Times
Lightfoot said Friday she’s willing to tackle Chicago’s “mounting, looming, all-consuming” pension debt once and for all, even if it means risking her political future. In a rousing speech at the Civic Federation’s annual civic awards luncheon, Lightfoot made it clear that Chicago needs help during the Illinois Legislature’s fall veto session to solve the problems that her predecessor left behind.
But the mayor didn’t say whether the help she was seeking would include merging city employee pension funds, a longer road to 90% funding or asking the General Assembly to empower the city to broaden its sales tax umbrella to include professional services.
“We cannot get there if we continue to lug this mounting, looming, all-consuming pension debt with us. This is our moment to solve this problem. We have to do it now. We cannot keep looking past the obvious,” she said.
Joking Mick Jagger shines a light on Ed Burke during Stones’ show at Soldier Field – Chicago Sun-Times