Illinois on track to meet deadline for spending CARES Act funds – The Telegraph (Alton)

During his daily COVID-19 briefing Thursday, Pritzker noted that only $147 million of the $250 million available had been paid out so far. He said that money went to 688 cities, towns, counties and local health departments.
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Fed up neighbor
5 years ago

Damn I’m so proud

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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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