Feds Back Plan To Turn Roads In Jackson Park Into Open Park Space Ahead Of Obama Center’s Arrival – Block Club Chicago

The park received federal funds in the early 1980s in exchange for the city’s commitment to promoting recreation in the park. As a result, federal officials must approve any plan to remove or replace recreational space in Jackson Park, as the Obama Center plans would.

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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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