Coronavirus torpedoes plan for Illinois legislative session – The Bond Buyer

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Aaron
5 years ago

Why don’t they meet at Walmart?

Tom Paine's Ghost
5 years ago

Wuhanvirus??? No, that’s garbage. Illinois legislature could meet via teleconference, zoom, MS Teams etc. No Virus stopping them. Instead they want to simply ignore their financially sinking ship and take pressure off of King Mike Madigan. Can their pay be eliminated for this nine months of inaction?

debtsor
5 years ago

This is a blessing in disguise. The legislature should meet as infrequently as possible. The last time the IL legislature met they: 1) approved the abortion of unborn children up until the moment of birth; 2) legalized drugs; 3) forced LGBTQ+ education upon 2nd, 3rd and 4th graders; 4) passed a budget that cut NOT A SINGLE PENNY in the middle of the coronavirus pandemic; and 5) failed to put even a modicum of restrictions on jelly belly’s never-ending emergency declarations. With an awful track record like the above, why would anyone in their right mind want the legislature to… Read more »

Last edited 5 years ago by debtsor

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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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