-- Connecting the dots between our economy, government and business --
Said Mayor Lightfoot. "Together, we've ended water shutoffs for nonpayment and introduced legislation in City Council to protect water affordability. Now it's time to celebrate Chicago's water with a campaign that reminds us of our most precious resource - Lake Michigan."
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
More political nonsense.
dirt is more precious than water.
I hear it comes in leaded or un-leaded…your choice
Tastes like failure….
Made with lagoon water.