Editorial: Springfield doesn’t seem to know the scope of its ‘Tier 2’ pension problem. How about we find out? – Chicago Tribune/Yahoo News
“… GOP lawmakers and the right-leaning Wirepoints commentary outlet have claimed that there is no evidence from the IRS, the state’s actuaries or any government employer that Illinois has violated IRS rules. Wirepoints’ research team dug into the problem further, and has said it could not find evidence that the IRS has enforced these so-called safe harbor rules anywhere. “
There’s no excuse for the Biden Administration or the State of Illinois for this calamity. For the Biden Administration to have sent $160 million to a Canadian company, before production and with no progress payments, seems like criminal negligence.
“For a close look at this educational carnage, consider Baltimore and Chicago, two cities where school dysfunction merits serious prison time for the adults who perpetrate institutional child abuse against their students.”