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.
Similar to a charity where 95% of the money goes to administrative costs and 5% to the migrant. Would love to see the line items on the budget for this.
That’s a LOT of $$$ for a cot and PB&J sandwich!
The $100 million price-tag doesn’t compute. Are we spending $10,000/month/person to supposedly house “new migrants” in decrepit temporary facilities?
Graft.
Chicago bragged about being a sanctuary city for a long time. The governor of Texas finally sent Chicago the bill.
At what point is somebody in polotics or press going to ask whats being $spent$ to house migrants vrs us citizen homeless on a $cost/per basis. Within a block of one of the new proposed migrant shelter sites in my hood you got homeless folks camped out in the woods, in bus shelters and under bridge abutments. You got several alderman starting to panic they got to do something before 24 dem convention …..it’s rapidly descending into a sh#t show
Same here, we’re at the point where its time to just let it happen… let it descend into madness and hopefully people will pull their heads out of their collective bungholes.