-- Connecting the dots between our economy, government and business --
"The federal government must step in with more funding and resources. Immigration is a national issue. Solutions must come at the national level."
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
Send all illegals to Democrat cities and make them pay for it
Hmm, all it took was Abbot making them walk their talk…
Chicago greatly underestimated the amount of illegal immigrants it would receive. However, the problem is easy to resolve. Instead of $50M a month to take care of them, just add a zero. The hard part is getting the money. I think that “First We Get the Money” guy will help Chicago get the money.
The authors of this story must not be aware of who is running the Federal Government right now. There will be no help coming Chicago’s way.
What seems obvious but never discussed in press or pols, with regard to ‘new arrival’ migrant situation, is Chicago already has 100s of thousand of undocumented migrants which have become a political crisis only recently when Abbott started busing migrants from Texas. Are all the 100s of thousands of undocumented migrants already here, in Chicago, able to go to a police station or shelter and sign up for housing vouchers, free medical, etc? The cities disastrous attempts to trying and provide temp shelter for 11,000 ‘new arrival’ migrants when in reality there are 100’s of thousands of undocumented migrants already… Read more »