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This rise of arrivals has left over 2,000 sleeping in police station lobbies and O’Hare International Airport. About 9,200 people are living in 20 city-run shelters, up from 6,600 on Aug. 31. There’s 223 people living in the 9th District police station alone, according to the Office of Emergency Management and Communications.
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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