City Council moves to declare independence from the mayor in raucous vote – CBS2 (Chicago)

Never before had the City Council voted to set new committee chairs and revise the legislative body's rules at the end of a term, less than a week before runoff elections, prompting several council members to cry foul.

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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.

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