Audio: Wirepoints’ Mark Glennon says Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades – Chicago’s Morning Answer
April 3, 2026
9 Comments
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.
Illinois lost another 54,000 tax filers and dependents, net, according to the IRS. Since 2000, fleeing taxpayers have taken $94 billion of annual adjusted gross income with them.
You’ve lost control of the language and the argument when you permit these illegal aliens to be referred to as “migrants.” Yes, they are migrants, and that is about as relevant to this crisis as they’re having brown hair. The relevant descriptor is “illegal alien,” as opposed to “legal alien.” They are, from the start, lawbreakers and should be dealt with as such.
*their. $&#(* autocorrect with no grammar
This is the dumbest lie I’ve read all week. Don’t fall for it.
Stiff competition for “dumbest lie of the week,” this week and every week. It’s the norm, now.
When the liberal ideology clown car runs right into a brick wall of reality
As usual Little late to the party J.B this has been going on since Biden’s first day in office.