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The schools chief’s ouster at a special meeting called for 5:45 p.m. Friday — with classes having been dismissed for winter break — would make for an extraordinary resolution to the battle between Martinez and Mayor Brandon Johnson. And it would come days before a deadline set by the Chicago Teachers Union to reach a contract agreement.
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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Hmm…..a new rendition of that timeless holiday classic……”How the Grinch stole Chicago!”
Staring Brandon Johnson……
Absolutely desperately sickening….what will mayor 14% ratings be if he makes this move? Or do any of his handlers at CTU care??
For a temporary CPS board to make such a fundamental seismic decision as changing leadership a month before a new board take over and in the middle of contract negotiations is beyond pale and shows the city where their priorities lie. There is nothing to stop them from appointing Stacy Davis Gates as the new CEO moments after she resigns her CTU employment.
Brandon trying to out CPS CEO because CEO wants to be fiscally responsible and won’t cave to CTU. Taxpayers in Chicago should be outraged.