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If this bill passes, say goodbye to local control over all Illinois parks and expect to see open drug and alcohol use, needles, no sanitation and fire hazards, but no ordinary park users.
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
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Dem machine passes budget with some tinny TEMPORARY tax breaks for chump-change voters but then pass PERMANENT legislation, like educator’s paid covid sick days or reinstating Chicago fire pension cola, that leaves it up to local municipalities how to pay for? Or permanent $2,500 pay raises to legislators? Or who knows how much it’s going to cost business and then passed on to customers to pay back unemployment loan….and on and on. Wp needs to do a piece on all the PERMANENT legislation passed that will require NEW $funding$ in the years ahead vrs the chump change TEMPORARY tax cuts
With the 2 cent savings on gas tax increase for 6 months or so that means all I have to do is buy 108,250 gallons to break even.