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.
Oh good, Pritzker supporting junkies. When someone gets a prescription for an injectable medication, a prescription fore syringes is also given.
First abortion capital , next drug capital of the US . Please Putzger run for president and get out of here
Pharmacists using their judgment. What a hoot. While he’s trying to fill a ton of prescriptions ( what he was hired for ) his assistants with dyed hair and nose rings that look like rejects from a punk rock band will be making the call. This crap always looks good on paper and in theory, but the reality is quite different.