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Gov. J.B. Pritzker called for "new leadership" at the Chicago Transit Authority this week, ratcheting up the pressure on Mayor Brandon Johnson to make a decision on the CTA’s embattled president, Dorval Carter. But when reporters asked multiple questions about CTA leadership during a post-City Council press conference today, Johnson dodged each one.
Summary and audio linked here.
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.
Full interview and summary linked here.
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