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.
Once again, Democrats taxing suburban and other IL residents to support the financial mismanagement in Chicago.
Illinois politicians have the same relationship to money that an alcoholic has to whiskey.
At least some alcoholics quit. These guys wouldn’t know how