Lightfoot, Taylor To Roll Out Compromise Ordinance On Housing Protections Near Obama Center – Block Club Chicago

The amended proposal adds heavier protections for low-income renters, and puts to rest a year-long feud between the two leaders over how to protect residents from potential displacement spurred by the Obama Presidential Center.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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