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.
What jb should be doing is enacting legal/lawsuit covid protections for tax payers, school districts & colleges the same as he did for nursing homes & healthcare providers. Or when schools open its going to be a litigation/ lawsuit free for all. Other states are already passing legal protections for schools. Teachers unions, Pelosi & lawyer association locally & nationally are dead set $against$ any limitations. Local tax payers will be crushed
Good articale on push for covid legal protections for schools & colleges. https://www.educationdive.com/news/colleges-turn-to-states-for-coronavirus-liability-protection/580818/