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.
That’s Great news. Now, JB is Really stuck. Reject the Federal Grant Money for Education, which would make the CTU happy, or Take it and remove a cudgel that Bailey can use against him.
Unfortunately, with no Republican ground game other than Dan Proft from Florida with Uhline money, Bailey will not be able to put out an economic message to resonate with suburban voters. Dems have far too many on the payroll, and the media is in the tank for them as well. It would take someone with the charisma of Trump to win in IL as a Republican. And bailey ain’t it.
It’s 90% lock for Pritzker. Only a financial collapse could sink him
Good start