Pritzker says budget cuts come first without across-the-board agreement on tax increases – Center Square

The governor said there’s no agreement across the board for other solutions, but he continues to work with statehouse leaders on options. He said he’s also in communication with leaders in the U.S. Congress. “Not just in Illinois, but the speaker of the House and the Senate minority leader as well as a few others to encourage, you know, moving forward as quickly as possible with a stimulus plan that would include local and state governments."

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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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