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.
Any bets that in a few years he will move south like all the other high-income people have.
Long overdue for a farewell to a Repub leader who did absolutely nothing to create a message, implement a strategy or run good candidates. Madigan ran all over the House Repubs the entire time Durkin was there and there wasn’t a single episode of Durkin scoring a victory. Change should have happened ten years ago.
Good riddance, Durkin, get out of town,.