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.
This article is a thinly veiled hit piece against a bonafide reformer governor who happened to have the R label next to his name. I feel stupider for even reading it. Selective quotes, attacks at his governing style, a complete ignoring of the factors that led to his ineffective tenure, not a single mention of Mike Madigan who made the political decision to smoke him out for four years. I hate journalists and reporters. I can’t believe I wasted 4 minutes of my life reading that article. But Bruce, if you’re reading this, Thank you for your service. Illinois doesn’t… Read more »