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As an example, consider the $8.2 million Re-entry Workforce Development Program to help those facing employment barriers, focusing on people returning from incarceration, people with limited English skills and those experiencing homelessness. City officials initially told the feds they’ve spent $543,315 — or about 7% of the money. But in response to questions from Illinois Answers they said that number was in error and put that spending figure at $157,626 — or about 2% — as of Aug. 1.
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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You’d think a sitting politician, especially one up for re-election, would’ve spent that money as soon as it came in.
wild guess, but me thinks what’s left of fed COVID $bucks$ (I believe over $1.3 bil) is going to go to reward a certain city organized labor group or their agenda…..watch what happens when budget comes out in fall
My question is while it wasn’t spent on what it was supposed to be spent on was the money though spent on other things? As Biden would say “well where is the money?”
$120 mil spent on ‘new arrival’ immigrants and 15% of $200 mil = $30 mil on us citizen homeless…… what else can one say but SCANDALOUS!!!
Yeah. $120 mil spent on illegal aliens, that BJ refuses to explain; and $160 mil of Fed money for homelessness left on the table, that could pay for what BJ says he needs to create a new real estate tax to pay for.