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House Speaker Mike Madigan dipped into his campaign funds for more than $418,597 in legal fees over the past three months, bringing the total he has spent on lawyers since last year to more than $1.5 million.
The Southwest Side Democrat’s legal headaches heated up in February 2018 amid allegations made by political consultant Alaina Hampton that one of Madigan’s longtime political aides sent her barrages of unwanted texts.
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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