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.
After Pritzkers re-election, taxes in general but business taxes in particular are headed up to pay for the increased largess public employee unions demand and Democrats want. Biden’s inflation was just the start.
Crooked corrupt government employee unions are the malignant tumor that is killing Illinois