Key City Panel Set to Consider Plan to Expand Workers’ Paid Time Off, a Measure Opposed by Business Groups – WTTW (Chicago)

“As City Council considers this paid leave ordinance, we urge them to also consider the despair this policy would inflict on Chicago neighborhoods as it will leave large, mid-sized, small businesses and non-profits alike with no choice but to take their operations elsewhere and incentivize employers to keep their employees out of Chicago,” according to a statement from a coalition of business groups led by the Chicagoland Chamber of Commerce

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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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