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.
Outcome 5 bullet 4: REALLY?? How exactly do you show the world Chi is open for biz when you are still trying to fine local businesses for opening AND you are punishing potential travelers for whatever purpose from a rolling 30% of the country?!?!?
https://www.chicago.gov/city/en/sites/covid-19/home/emergency-travel-order.html
So they created a list of what to do. Did they happen to mention how to implement it and how to pay for it? I’m guessing “NO”.
I’m glad they were able to squeeze outcome 4 in.