Already struggling, restaurants say they will go out of business without more pandemic relief – WGNTV (Chicago)

“Those restaurant workers are not the ones with the big bank accounts. They’re not able to say, ‘oh, we can weather the storm for six months or so,’” restaurateur Rick Bayless said. “These are people that mostly work paycheck to paycheck.”

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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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