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.
Great. Let’s wrap up the session. Who needs any work on the problems of taxes, pensions, crime out of control, the illegal alien tidal wave of cost and crime, and third world education levels in the public schools. Nah. It’s time to go home for the holidays.
I don’t want these idiots to pass any new legislation. No new laws is good news.
Don’t work to hard Springfield lazy bums.