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.
Proposed RESOLUTION OF THE COUNTY BOARD WILL COUNTY, ILLINOIS Repairing the Transgenerational Damage Done through Slavery, the Black Codes, the War on Drugs, and Mass Incarceration in Will County, IL WHEREAS, the State of Illinois has a history of enslavement and oppression of Black and African Americans, as well as overall promotion of white supremacy; and WHEREAS, the State of Illinois made legal, tolerated, and enabled the institution of slavery throughout our early statehood; and WHEREAS, the State of Illinois relegated Black and African Americans, through the Black Codes, to an inferior social, legal, and economic status; and WHEREAS, the… Read more »