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.
Where is this thing listed on the ballot? Is it far down the page or easily seeable? The other thing I was wondering was that since amendments are so hard to pass (as they should be) why is there another manner in which to pass it? It should be a minimum of 60% voting on the measure, yes. But where is this odd carve out of 50% of anyone who casts a ballot at all coming from? That seems like a totally odd trojan horse. It can’t possibly be harder to do that than get 60% to vote YES on… Read more »
Don’t worry, Groot’s Authenticity will make people and businesses flock to Chicago and Illinois
That is the whole objective to Jag Boy and the DEMS they want the state to be dependent upon government.