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.
The Illinois defibrillator has long been out of juice. More like Flatlined.
Fire everyone of them from top to bottom in Springfield. Wouldn’t it be nice, this is are hard working representatives at work, yawn.
The Central Committee will come up with another 5 year plan to strengthen the economy!
I don’t know why this is even news. They don’t care. They themselves are only in it for the paycheck, the benefits and the pension. Maybe afterward they’ll land a lobbying gig, or get to be Treasurer.
These people are just grifters.
revive Illinois? Hahaha we’re on life support with vital signs treading towards zero. Thanks Democrats!