What We Learned From 11 Days Of Virtual Chicago Budget Hearings – WBEZ (Chicago)

There’s still the question of whether Congress will act before the end of the year to pass a second stimulus package for state and local governments — something Lightfoot has repeatedly called for. And with no veto session planned for the state legislature in Springfield, the door is also closed on a laundry list of potential revenue ideas from the more progressive side of the City Council.
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Governor of Alderaan
5 years ago

We learned that Groot is crazy and the council is nuts

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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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