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.
Anytime Pritzker opens his mouth you can pretty much guarantee a fundamentally bad idea is about to be shared.
IL Democrats degrade the idea of citizenship like they degrade everything that holds a decent society together
25 years ago in Illinois this would have been a comical idea. NO Democrats or Republicans would support such an obviously ridiculous idea. Let’s make the criminals into cops. Neal Hartigan, Dan Rostenkowski, both of the Daleys, Phil Rock, old Dick Durbin– any of the moderate Dems you can think of would have upchucked at this idea. It is a standout example at what has evolved in our desperate state with one party control.