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.
CBS2, please make sense of this. Is the muzzled K-9 force working? Is the 10% chicago (2019 to 2022) police budget working? Not sure what of that budget goes to patrol.