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Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Let’s go! Sadly BJ isn’t doing a perp walk (yet). The law is the law. If you don’t like it, change it…
Right to jail.
“Targeting sanctuary cities” would seem to be a logical step for the feds, given the high concentration of illegal immigrants in sanctuary cities. In place of “a logical step,” we also would have accepted “a no-brainer.”
Hopefully someday there will be a different headline on wirepoints reading Pritzker and Springfield politicians named in massive class action lawsuit against Property Tax scandal in Illinois.
Chicago has another option, that will restore all Federal funding and save the time and funding of a costly suit. Follow the law.
Oddly, Leftist administrations have used Federal Funding as a cudgel for decades.
“Federal funding should never be used as a tool to coerce local authorities into compliance with unlawful mandates,” – let’s rephrase – city, county and state governments should not spend billions undermining federal immigration laws, enforcement and the deportation of illegals, especially criminals. Let’s add this, they should not put illegals ahead of legal residents and citizens, some of who need help being diverted to illegals. That all aside, I read that Trump isn’t deporting as many as did St. Obama. How is Trump a problem on this issue and Obama wasn’t? Pure politics.
Pure hypocrisy. Any integrity left in the Democrat party is gone.
Pulling federal funding was straight out of the Dem play book since the 60’s.
Pull ALL the Billions in federal money from Chicago…
Quit wasting taxpayer money and comply with federal laws.
Poll the citizens of Chicago, especially the poor and homeless, and ask their views on illegal immigration. They are part of the city too.
Exactly. I don’t remember ever voting for sanctuary city status when I lived and worked in Chicago. Or even getting the chance to vote on it.