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.
While he was a Republican, he voted as a democrat (cough*RINO*cough), and he now will continue to vote Democratic.
No mention of Scott Fawell, the late Congressman’s true legacy to Illinois…