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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.
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Can’t go back to prosecuting criminals? Can’t go back to when staged racial attacks by second rate actors would be charged with a felony and actually face consequences? It’s funny the Chicago media almost never talks to victim’s families who never get justice under this failure of a district attorney. A vote for her is a vote for more of the same – the implication that things were worse before she got elected is a joke.
Republican Patrick O’Brien for Cook County State’s attorney.