Lightfoot proposes ban on booking single-night rentals – Illinois Policy

“The one-night ban is a blunt instrument that blocks legitimate reservations, such as business travel, to Chicago, hurting the eventual return of the tourism economy, tax revenue and income for responsible Airbnb hosts,” company spokesman Samuel Randall said.

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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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