Audio: Wirepoints’ Mark Glennon says Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades – Chicago’s Morning Answer
April 3, 2026
9 Comments
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.
Illinois lost another 54,000 tax filers and dependents, net, according to the IRS. Since 2000, fleeing taxpayers have taken $94 billion of annual adjusted gross income with them.
It’s not over, the darlings in the press are pouting; nobody loves us! They’ll turn on Lori like mean cheerleaders, Oh that’s right they are the mean cheerleaders! Hmm quite for Memorial weekend?
Anybody catch the citizens uproar over this? No? I missed it too. Nobody cares who Lori engages in discussion. If she turned the dogs on the press, people would cheer. Look at BiBi, he bombs AP and is the darling of the sane.
She’s hiding something. This is just a dog whistle to divert attention to the asphalt plant that popped up overnight in McKinley Park. Courtesy of friends of Richie. It will never end in Chicago. Studs Terkel said Chicago is not just corrupt, it’s theatrically corrupt.
The lady is clearly a racist. Her views on people are only skin deep. How hollow.
She’s anti-racist.
Good About time!
This is to be expected from Daily Caller principles. Now let’s see if WGN, WLS, WMAQ, Sun Times, Trib, etc… follow suit, they wont because their news departments are water carriers for the city.