Deal reported to be near on energy overhaul package – Capitol News IL

Talks on an energy package were continuing behind closed doors even as lawmakers were working into the wee hours of the morning Tuesday to push through the budget package. After it passed, the House adjourned “until the call of the chair,” meaning it could be called back into session at any time.

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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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