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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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Well of course a desk won’t change the financial structure damage currently
in place, but $80k+ worth of “desks” will. $80k and maybe perhaps the grooming bill of $30k+ could have been spent on a CPS school in desperate need of anything but optics and your hair.
You know why you’re being asked that question, Mayor, and so do we.
Stop ducking and dodging.
Does anyone have any idea what he is talking about? This guy is not coherent or stable.
Well he is related to that thing in Dixon. Did you expect something else?
Corruption at its finest! Chicago in debt, but he spends outrageous amount of money on his wife?
How the F are Chicagoians still voting Democrat!? That mayor is so corrupt, along with the Chicago Teachers Union. The current “admin” of Chicago is worse than Madigan! People of Chicago and other parts of Illinois (not just down state) need to turn the state RED!
That sounds awful raggedy for a guy that doesn’t do raggedy. The story here isn’t that Brando spent 80 grand on his wife’s office, the story here is that NBC actually asked him about it. Since when does a news outlet ask questions of Illinois Democrats?
What is the purpose of the office of the Mayor’s wife? Is this expense even allowed in the city charter documents?
Did Lightfoots “wife” have an office? If not, why does BJ’s? Does Mrs. Johnson get a salary too? I thought she was too busy raising 3 black kids.
One can probably assume that her fashion and grooming needs are met as well. For all we know, due to the curtains around “ transparent “ politicians these days, she’s on the city payroll in one capacity or another.