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.
No. They need to pay their fair share of taxes
The cherry on top – CTU hired Eddie Burke’s old firm, since renamed after his departure.
Oh now, that is just funny right there…of course…nothing changes.
Furloughs and layoffs of the CTU are needed to pay for it all – keep cutting till it balances.
How ironic. We all know 60 to 70% of property taxes go to the school districts. Here, the actual teachers union wants to fight about how much property tax they pay…gosh, where have we all heard that?! Hypocrites.
keep sayin’ fire fire fire them!!