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Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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RINO Lausch is a Beverly democrat who hasn’t had the courage to indict Madigan, the Daley’s, Rahm, Steve Berlin , the corrupt black caucus because he is totally indebted to the machine and especially Lori.
Maybe Beijing Biden does not have the legal authority to remove Lausch. Beijing Biden has signed 50+ executive orders without one piece of legislation through Congress. Do you not believe he would have removed Lausch if he could? Beijing Biden hates all President Trump did. What happened to Bejing Biden’s COVID bill Mark? Massively discussed but still not written into law, like many of the other “bills” the MSM is gaslighting. Fact – the inaugural gun salute given to Beijing Biden was the type given to Visiting Foreign Dignitary. Watch it on you-tube. Due process takes time for good, sound,… Read more »