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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.
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This seems like something the socialists would’ve stopped immediately.
Hmm, these “migrants” are more aptly called “Public Charges.”
This just what Jesus would have done. Proud of you.
Police stations provide housing for criminals, but not in the lobbies. If they can’t accommodated in the cells, turn them away. It’s an insane policy to allow them to occupy police station lobbies, thank you, Lori. Chicago is a ‘sanctuary city.’ If Chicago’s going to “talk the talk,” then perhaps they should ‘WALK THE TALK.’ Dig into city coffers and spend taxpayer money to do the job right – though taxpayers may not be comfortable with supporting competition for limited resources. You welcomed them, Lori, and now your successor will be stuck with the problem this administration and your stupid… Read more »