$226 million construction on capitols in Springfield continues – Center Square

A $2.5 million project at the Old State Capitol is paid for by the Rebuild Illinois capital plan that doubled the state’s gas tax and increased various other taxes and fees. Exterior renovations have been underway for two years at the site where Abraham Lincoln gave his “House Divided” speech.

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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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