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.
It’s not only Illinois. Dick Durbin’s wife is a paid lobbyist and he doesn’t even bother to recuse himself from votes benefiting her clients. Just because something seems irrational doesn’t mean it isn’t OK in Illinois. In some states the Speaker of the House wouldn’t even be allowed to broker property tax reductions. Can you imagine that?
Tom Berry
Has Durbin done anything positive for this state?
He regularly hates on and slanders Trump on behalf of the state’s voters. Isn’t that enough?