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.
Nice of him to say something weeks after the fact
Ha, yep, he always has our backs…check your wallet.
Lets see if Durkin is wise enough to tell the Democrat’s that they can pick anyone other than Madigan, all the Republicans with vote for that person for speaker.