Column: State’s financial road now smooth, but potholes dead ahead – Champaign News-Gazette*

Jim Dey: "Wirepoints financial analyst Mark Glennon said the curious feast/famine circumstance stems from 'the astonishing amount of money pumped into Illinois by the federal government under the guise of pandemic relief...That includes not just the $8.1 billion that went directly to the state, but all private sector assistance that helped generate current tax revenue,' he said."

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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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