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.
The Attorney General is now sticking his nose into economic matters? Why doesn’t this incompetent fool ignore the cameras and focus on his area of responsibility? I guess the IDES fraud, corruption, and crime have resolved?
Excellent point now he is a economic advisor like Pritzker is a M.D and Ezike knows what she is doing. And yes IDES needs to be his top priority! Kim Foxx will handle it ?
Illinois is desperate for more fed funding? But why hasn’t illinois spent the CARES ACT its got? Still a mystry as to how much of the CARES ACT $ have been spent to date?
Why is it a mystery, because they stole the money that’s why
Raoul –needs to talk to Nancy “I’ve got to get my hair done” Pelosi between drinking binges if possible–she admitted she is the reason things have been held up.