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.
Reilly is unhappy because he can’t sell zoning changes for campaign cash like the scum he is. Maurice Cox also knows about Sophia King getting thousands from the Michael Reese developer for TIF money but he won’t say a word. Wonder why?