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.
He should send this letter to the voters of Chicago and Cook County. Don’t bring Trump into the mess Chicago created.
Good for Catanzara taking this step. Over and over and over Lori has demonstrated she is both incapable and unwilling to do what it takes to end the violence. Some fresh ideas from some new folks are what is needed.