Day: September 4, 2015

State Rep. Ken Dunkin: ‘I Don’t Work for Mike Madigan’ – WTTW

September 4, 2015 No Comments

Dunkin is one of three who defied Madigan’s override of the arbitration bill. “I don’t care what the hell he decides,” Dunkin said. “You have to ask him that. I’m not fearful of Mike Madigan or any other politician for that matter. My record speaks for itself.” Comment: Read all of Dukin’s comments in the article. Never seen this before during Madigan’s reign. In this case, it’s the brave who leap from the deck and the rats stay on aboard. The issue is how many will follow.

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Why Chicago’s $500 Million Property Tax Increase Won’t Solve Much – WP Original

September 4, 2015 15 Comments

  By: Mark Glennon*   You’re dead wrong if you think the $500 million property tax increase now proposed for Chicago, the largest in its modern history, will solve much of its pension and fiscal crises. It won’t come close. You need look no further than the city’s own financial statements to see why.   Chicago’s 2014 Comprehensive Annual Financial Report was released in July (after the June 30 deadline required by law). Page 83 shows that, for the year ended this past December, Annual Pension Cost for the city’s four pensions was $1.788 billion. Total contributions made to those

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