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.
still wet behind the ears
Seriously, can this clown get any dumber.
Dan Rostenkowski( D-IL ) got busted and had his career ended over postage stamps. Postage stamps. So.. the bar for idiotic behavior is set pretty high in IL.