Feds investigating if Chicago zoning policies are racist by protecting polluters in Black and Latino neighborhoods – Chicago Tribune*

At issue are steps taken by city agencies to benefit General Iron Industries, a clout-heavy scrap shredder with a long history of pollution problems. An Ohio-based company that bought General Iron last year wants to move the operation from Lincoln Park to a site on the Calumet River in the East Side neighborhood.
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Poor Taxpayer
5 years ago

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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