Chicago has lost control of its budget. We need furloughs and layoffs, not tax hikes. – Wirepoints on Univision Chicago

Wirepoints joined Univision Chicago to discuss why the costs of the Chicago Police Department are much higher than they first appear due to pensions, overtime, maintenance and other costs, why Chicago officials have lost control of the city’s budget, and what needs to be done to get costs under control.

Read more from Wirepoints:

3 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Frank Goudy
1 year ago

I must be in the wrong country without realizing it. This was in Spanish.

Free at Last
1 year ago

Nah. Keep the foot on the gas pedal. That cliff you see approaching fast is a mirage. It doesn’t exist. In fact increase your speed. The explosion should be truly impressive.

FJB & FHB too
1 year ago

English subtitles would help those of us that no habla.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

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.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE