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.
Rauner is a total failure when it comes to communicating the rationale behind the decisions he has made. Why is Illinois Policy giving in depth explanations of the cost of the AFSCME contract but Rauner is not? When he vetoed the pension bill for police and fire, if he even read it, he didn’t bother to state he vetoed it because it mandates automatic tax increases starting in 2020. When he vetoes spending because a dedicated account has no money in it as he did with MAP grants earlier this year, why is it the Northwest Herald’s job to compare… Read more »
Totally agreed Bob.
Rauner staff either doesn’t have the stomach for the fight or doesn’t realize what the fight is really about. Doesn’t speak well of the Gov that he doesn’t see this or is ok with this.
Hey Dalton, are you gonna give us any clues about what the name means or just let us wonder about that?
How about a “Why Dalton?” article to get things kicked off?