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.
Raoul wake of and smell the coffee, my god man move on
We’re spending tax payer dollars on 1970 issues? Really? This is Raoul’s life’s work? Fight Washington to revive decades old constitutional amendments that no one cares for or wants today?