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.
Broke CTA Refuses To Raise Fares So That Users Pay For What They Are Getting — CTA Instead Wants To Use Biden Bailout Bucks, Raise Taxes On People Who Don’t Even Use Filthy, Crime Infested CTA
The CTA is not safe to ride. Cops do not enforce the laws. Citizens going to work can and do get robbed and beat up. The CTA is not even safe for Criminals.