-- Connecting the dots between our economy, government and business --
That's the question as word swirls of backbenchers setting their sights on House Minority Leader Jim Durkin's post in an increasingly volatile General Assembly.
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Not to mention his brother is an appointed Judge under Obama.
He is Republican in name and photo ops only.
This would be part of the republican purge. It’s a whole new ball game. Get these weak people out.