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.
Yet, the criminals who executed the off-duty police officer last week had all of their illegal gun charges dropped.
Fortunately, most state’s attorneys in IL won’t be enforcing this law.