Restaurant Owners Say New Restrictions Could Mean Doom, And Some Workers Think They Should Just Stay On Unemployment – CBS2 (Chicago)

With so much uncertainty about the future of the industry, even in the next few weeks, Steve Hartenstein, CFO and COO at Phil Stefani Signature Restaurants said, “People feel like, ‘Hey, I may as well stay home. I’m getting my money and I don’t know what is going to happen – if my business is going to be there or it isn’t going to be there.’”

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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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