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.
Real number much higher
Johnson likes using them big words, makes him look like someone with an IQ of 80
+$200M INCREASE in one year to city unions – there you have it, then throw in the cost of illegal aliens and ta da! Democrats are a full blown cult.
‘Public’ Broadcasting Service.
Right….
Who once again remind us that Chicago’s ‘migrants’ are, “all in the country legally after requesting asylum but are not permitted to work without special permission.”
Did a good job of describing what a train wreck Chicago’s finances are, and how little BJ has actually committed to, one way or the other.
Notwithstanding the fact that PBS acknowledges BJ has talked a lot – used big words, too.
Take it out of the pension fund.
Brandon couldn’t balance his personal checkbook, so this can’t be a surprise to anyone. Good luck to Chicago.
Actually, he balanced it just fine by not paying his utility and credit card bills.
Because, he tells us, those bills were ‘racist.’ Discriminatory. Non-equitable.
Unless you were White, and paying them.
Which brings us to BJ the Mayor…..