New TIF surplus bill could kick up to $350M to CPS – Chicago Sun-Times

Comment: The leading proponent of this one-time, unsustainable fix — a raid on taxes paid for a different purpose — is Barbara Flynn Currie, pictured. She’s among the most financially illiterate legislators I’ve ever met. Styling herself as a “progressive independent,” she in fact is a career lieutenant for Michael Madigan. And she’s the House Majority Leader!

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More Pension Deceit and Hypocrisy from Union-Backed CTBA – WP Original

  By: Mark Glennon* The Center for Tax and Budget Accountability today released a report titled, Public Pensions: Frequently Asked Questions. The “average” annual pension benefit for Illinois statewide pensions is just $45,832, says the report. Sounds pretty reasonable, which is why “averages” like that have been central to public unions’ messaging about pensions for years. It’s bunk. While it might be true in a very literal sense, it’s so misleading and incomplete that it can only be described as dishonest. Here’s why: “Average” pensions include those who work only part of their careers in the system providing the pension.

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