Chicago Alderman And Activists Call On Mayor Lightfoot To Release ComEd Study – WBEZ (Chicago)

The cost of ComEd’s corruption has become a rallying cry for the activists and aldermen who have been pushing the city to municipalize its electric utility since last year. The company is scheduled to provide a report to the City Council Committee on Environmental Protection and Energy Thursday as required under the terms of its 30-year franchise agreement.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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