Chicago alderman proposes legislation to ban certain lithium-ion batteries in e-bikes, mobility devices

The new proposal comes from Ald. Debra Silverstein, who pointed to some data from New York, showing that lithium-ion batteries were the cause of fires in that city last year.

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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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