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Summary and audio linked here.
If this bill passes, say goodbye to local control over all Illinois parks and expect to see open drug and alcohol use, needles, no sanitation and fire hazards, but no ordinary park users.
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.
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Audio and summary
I can predict this study-group’s recommendation: Raise taxes, fund pensions.
Put a bunch of union-representatives and union employees on a study-group to “study” pension funding, and you get a predictable outcome. Does Mayor Johnson think this a group-report somehow affords him political shelter from taxpayers upset by all his proposed new $$$$$ taxes?
“I can predict this study-group’s recommendation: Raise taxes, fund pensions.”
At least that would be an honest report. More taxes are needed and pensions need to be funded. Now who’s taxes will go up? That’s the real point of the “study”.
Not mine as I will follow the huge crowd of successful people burning rubber to get out of the state. Best of luck collecting any money from illegal immigrants and gang members.
Study?? WAHAHA GAAEK! HMMMM…the state legislature Jjudt gave themselves a rsise! A RAISEWill that contribute to higher pension?
costs?
Take a look at the members– the mayor’s finance team, state legislators (I wonder how many Republicans) and union representatives. I’ll bet we get a really objective, financially sound and totally realistic analysis from this posse of lackeys.
Yep. Identifying “revenue sources-n-reforms.” The usual-suspects working up a lather discussing how much blood they can get from a turnip, without being allowed to conclude that the answer is ‘none.’