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The city cited the Juneteenth holiday for closing all but one cooling center for vulnerable residents Wednesday. City officials have also advised people to seek shelter at Chicago’s more than 80 public libraries this week, but all those locations will be closed for the day as well.
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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That’s Chicago. Celebrate Black history and culture by taking away the only recreation for the kids during a heat wave. Just keep voting for the status quo.