Chicago City Council set to consider Mayor Lori Lightfoot’s $1.1 billion COVID spending plan – Chicago Tribune

The objections to the mayor’s CARES Act proposal point to the broader dissent in the council over the pandemic response and the city’s reaction to George Floyd’s death at the hands of Minneapolis police.

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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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