Commission to ‘Restore Illinois’ issues first report without meeting – Center Square

“The report submitted acknowledges where Illinois is today, having just entered Phase 4 of the plan, with considerable progress made toward slowing the spread of COVID-19 and reopening businesses since May 5th,” DCEO spokesperson Lauren Huffman said in a statement Thursday. Download a copy of the report here.
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Fed up neighbor
5 years ago

Without a meeting useless asses

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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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