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.
Wow. Lightloafers does nothing but punch Trump in the nose, yet continues to demand money with no strings attached. Who does such a thing? It is one thing to disagree with your opponent but entirely another matter to spew such vitriol. I hope Trump denies her request and gives her a kick in the nuts to teach her a lesson. Chicago is headed for bankruptcy anyways, so why prolong the agony.
Who does such a thing?
An ignorant sociopath
Dire Consequences…for whom? Like any business, government needs to step up and adjust their costs to address a shortfall in taxes (or revenue as they like to call it). Pay cuts, benefit cuts, pension cuts all need to be implemented to survive. Private business has for months been figuring out how to adapt to this new environment, how to do business, how to survive. Many have not and many are struggling big time. All our government officials have been doing is clowning for the camera and whining about how how Trump won’t send them a bunch of money so they… Read more »
“We cannot continue to function and serve the people without direct, unrestricted federal aid to our communities,”
Well then, I strongly suggest that you let your citizens get back to work and earn a paycheck.
She wants something from Washington.???
Really?
Can she grovel?
I doubt it.
Then cut costs Mayors, like most private sector businesses have had to do to stay solvent. It is ironic my City spends $400,000 of taxpayer money now on a park facelift whilst large private sector companies are slashing costs and staff, reducing CAPEX, raising debt and doing everything possible to deal with this pandemic. The City of Palos Heights continues to whistle pass the graveyard. It carries on in a bubble, car sticker requests continue to be mailed out, as far as I know not one employee furloughed, then this week decides to open its pool for one month only… Read more »
Blame yourself lightfoot and Pritzker and other politicians spend spend spend its flat out your faults. Never controlled spending no cuts during pandemic nothing . Go bankrupt for all I care along with ctu and cps