-- Connecting the dots between our economy, government and business --
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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That 12% Illinois error rate in SNAP benefits sure could have helped some of our truly needy.
Thank goodness Durbin is retiring, but the Democratic hopefuls are worse. Duckworth is plain useless, and only represents Democrats, illegals, identity politics, and criminals. Someone needs to tell her that she is supposed to represent ALL Illinois voters ad taxpayers,
Then vote to open it, two of many worthless democrats.
A lot of people don’t understand how the tax credit works. If you have a $1200 a month policy and pay 400 a month after the credit, taxpayers send the 800 diff to insurance company. They had profits of 71.3 billion last year on combined revenues of 1.45 trillion dollars. The Democrats designed the subsidies to expire at the end of this year. Remember when “your healthcare costs will go down” and “if you like your doctor you can keep your doctor?” The blame for this whole debacle lays entirely with the ACA.
Democrats own this, they stuffed Obamacare down our throats and now blaming the GOP for not replacing it.
“A lack of transparency and the stupidity of the American voter were critical to getting the ACA passed.”
Jonathan Gruber, health economist and technical consultant for the Affordable Care Act (ACA)
Everyone on the Democrat plantation, public union members in particular, is considered cannon fodder now for their extreme political ambitions. Like Schumer said ‘Every day gets better’. Enjoy what you voted for.
If Americans don’t get their SNAP benefits, it will be because the Trump Administration decided to stop them. “OMB’s General Counsel provided a letter to USDA on May 23, 2025 stating that there is a bona fide need to obligate benefits for October – the first month of the fiscal year – during or prior to the month of September, thereby guaranteeing that benefit funds are available for program operations even in the event of a government shutdown at the beginning of a fiscal year. In addition, Congressional intent is evident that SNAP’s operations should continue since the program has… Read more »
Oh no some of them may need to do the unspeakable and get a job. The humanity of it. Yes, we know it’s all trump’s fault and the democrats are pure as the driven snow. Nobody cares, especially the politicians. And these people thought it was safe to depend on the government. I guess they were wrong.
What this has exposed is at least 59% of the recipients are illegals. That was using data from 2022, the most complete data set available.
So you’re saying that the problem ISN’T that Dems won’t vote for the continuing resolution – so business as usual, to include SNAP funding – could proceed and the shutdown could end.
Rather, the problem IS that the Trump administration won’t use USDA contingency funds to bankroll SNAP, the benefits of which accrue to a core constituency of the Dems, so the Dems can keep the shutdown going?
That’s a double win for the Dems.
What’s in it for Trump?
Compromise is the only way around this in a way that is good for the whole nation.
Fine bucko. Here’s the compromise. You want to give free Snap and Obama care to illegal aliens?Take the names off the voting rolls of anyone who voted Democrat in the last presidential election and tax them AND ONLY THEM to pay the cost for the illegals. Since this is what you want, it’s the only fair thing to do.
I thought Dems were the party of the little guy?
Paraphrasing Verbal Kint from The Usual Suspects: “The greatest trick the Democrats ever pulled was to convince the world they were for the little guy”