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.
25% of the county voted for Trump. 25% of the seats on the board should be Republican seats. But 75 year old Toni P. wants 100% of the seats to be Democrat seats.
DEMOCRACY!