Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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Mayor Johnson’s administration ‘reflexively hostile to oversight,’ outgoing Chicago inspector general says – Chicago Sun-Times

“This administration has shown itself to be reflexively hostile to oversight. This has come largely through the Law Department … interfering with OIG’s access to city premises, withholding records from OIG, declining to provide records even though they were, in fact, publicly available, declining to implement recommendations from OIG,” Witzburg told the Chicago Sun-Times.

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