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.
Of course federal money is being spent on this crap.
What the F did people think those trillions of dollars were going to be used for. COVID relief?
It was always meant to be a slush fund to buy constituents and fund the Marxist agenda across every avenue of American life.
To secure Dem power and control.