Pritzker: ‘Need for speed’ for megaprojects bill with tax breaks – Center Square

When asked by a reporter if speed might come at the expense of taxpayers, Gov. JB Pritzker said the Bears have been talking to lawmakers for two years. “We’re not talking about speed here, or it shouldn’t be a discussion about speed. I think now you’ve got a bill that probably has too many items associated with it or at least some of them that need amending,” he said.
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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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