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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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Has there ever been a more machine friendly rubber stamp /veto proof governor in the history of Illinois than jb? NO
Why throw millions on “permanent central voting location” if voters prefer online or mail-in? This seems a bit wasteful and contradictory, like an obvious pork barrel. “instructs election authorities to create a permanent vote-by-mail list which voters may choose to join. It also makes Election Day 2022 a state holiday and requires election authorities to create a central voting site where all residents within the authority’s jurisdiction can cast a ballot on Election Day 2022.” Let’s wait to see if “central locations” are even safe to visit by next election day. Legislators wouldn’t dream of packing the bills with favors… Read more »
This bill is intended to do one thing: expand the democrat supermajority and ensure a Prickster win. Votes will keep coming in, late into the night, until the ‘right’ candidate wins. Soon your local dogcatcher will be a progressive who believes in ‘free range dogs’ and that caging feral animals is a violation of their freedom and natural rights.
And I’m positive he will read everything in those bills??