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.
Another joke
I love the fact that if you are from ILLINOIS you also are subject to this quarantine. 100% unenforceable, 100% unconstitutional, and 100% non-statutory. Just another non binding edict.