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.
Very poor opinion piece – Author takes a backhanded view of Medicaid reductions w/o offering any facts – The BBB cutout waste, fraud and abuse, which is what near all taxpayers want. So many WSJ articles now seem focused on big government is good, even when it’s paid for with printed $$$. Look at NC – the combined state and federal funding for school choice is now serious funding for all working and middle-class families. Meaningful school choice funding will further make Red States a draw for families and companies. IL on the other hand can offer up unrestricted abortions… Read more »
I just wonder if Illinois says no to this can the citizens contribute to a school in a State that has elected the provisions? After all it would seem its a Federal law not the State’s and, if so, will be an even bigger boon for the approving State’s educational systems at Illinois’ expense.
Remarkable how much press attention we get when Pritzker runs for president.
IL Democrats are owned by teachers unions. Maybe the Democrats need to put students and education first, over political teachers unions.
More proof that Public Sector Unions are an unconstitutional and fatal poison to Democracy. Actions like this will lead to the lawsuits that eventually lead to the Supreme Court crushing of Teachers unions and their parasitic conspirators. Bust them all now.
here, here
kind of a no-brainer, unless your state is run by public unions
Every day I discover something new in that Bill. Thanks for highlighting this.