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.
$1,500 … “money that can be used on medical costs, lost wages, relocation, and funeral expenses.”
$1,500 is supposed to help with all that? Have any of the politicians really considered how far $1,500 can go? And who will be the recipient? And will there be restrictions on how the $1,500 is used?
Though I strongly support help for victims, I don’t believe $1,500 is much in the way of support.
Actually, $1500 would reimburse me for a year’s worth of range time and ammo.
I need assistance to avoid becoming a victim of crime. Can my piece, ammo and range time be reimbursed through this program?