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.
Hmm, what about native Illinioisian heritage?
You gotta’ hand it to the guy. He really has mastered the art of spreading the manure around state politics. Of course these bills do anything material for Native American communities, but the BS machine keeps spinning out the puffery.