-- Connecting the dots between our economy, government and business --
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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I think they mean “Illegal Immigration Division.”
More waste of taxpayer money for illegals. Pathetic
Why is TAXPAYERS money being used to defend illegal invaders /criminals??? Let’s take care of OUR residents and veterans !!!
Preckwinkle doesn’t represent US citizen taxpayers. Cook County residents should not have to pay the legal bill of illegal aliens. Vote her out.
How about just letting the feds do their job and cut the immigration division…
Chicago invents more ways to waste money everyday.