Audio: Wirepoints’ Mark Glennon says Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades – Chicago’s Morning Answer
April 3, 2026
9 Comments
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.
Illinois lost another 54,000 tax filers and dependents, net, according to the IRS. Since 2000, fleeing taxpayers have taken $94 billion of annual adjusted gross income with them.
How do tell if Chicago police leaders are lying, their lis are moving.
Did anyone ask Snelling to explain the transcript of the message not to respond? How humiliating to collect a paycheck for being a stooge of Mayor Pinhead!
It’s out there Larry on tape. Don’t adopt the lying and finger pointing like Putzger and Pinhead
You notice he never addressed the official transcript of the call. Liar Larry!
Yo! That thing you heard? Yeah, you didn’t hear it. You got that?