Audio: Wirepoints’ Mark Glennon says Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades – Chicago’s Morning Answer
April 3, 2026
9 Comments
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.
Illinois lost another 54,000 tax filers and dependents, net, according to the IRS. Since 2000, fleeing taxpayers have taken $94 billion of annual adjusted gross income with them.
Maybe CTU should focus on improving education. Not far left, progressive politics. Call CTU what it is. A far left, progressive political activist group.
The general public does not like ICE and their gestapo tactics.
I am anxious to see a good poll on that.
I love it. I can’t stand it when people disobey the law. Also happy that Mayor Johnson announced “ICE free” zones. Hopefully illegals believe the mayor and start spending their time in these zones. That should make it real easier for ICE to know where to go. Fish where the fish are.
I’m all for it. I didn’t work my whole life to watch a bunch of freeloaders getting everything for free. Leave asap as far as I’m concerned. And take them with you