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.
There’s eventually going to have to be a state bankruptcy option, the democrat/pubic union has destroyed this state.
I am so glad I never threw out my We’re #1 finger. This state is the # 1 worst. Thanks Dems old and new
Illinois is so poorly managed and so corrupt. Corruption is expensive!
3 worst, highest taxes and schitty services. Got to love the public sector living the good life on the taxpayers.
This report is quite an indictment of Illinois!
Not going to hold my breath for the Pritzker press release discussing these rankings… i might buy a “we’re better than NJ” t-shirt, though.
“TIA are carnival barkers” He hasn’t used that invective for a while.
All that’s missing after the F grade are the letters JB.
That’s the t-shirt I want.
And Dem