What You Need To Know About The Legislative Probe Of Speaker Michael Madigan – WBEZ (Chicago)

"It’s a process that historically has been reserved for lawmakers accused of crimes – including disgraced ex-Gov. Rod Blagojevich. But its focus on the longest-serving House speaker in American history and sitting Democratic Party chair is extraordinary. Madigan himself has not been charged, but an expanding federal probe into ComEd’s interactions with the speaker is closing in on him."

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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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