Speaker Madigan’s Corruption Nurtured Illinois’ Pension Debt – RealClear Politics

"Whenever Madigan does leave his seat of power, many frustrated Illinoisans will breathe a sigh of relief. That will also be the time to begin the hard work of undoing Madigan’s dual legacies of corruption and debt. Two places to start are amending the Illinois Constitution’s pension clause and replacing the House rules that Madigan used to craft Illinois’ infamous culture of corruption and pit of debt."

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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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