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"The state faces its most challenging budget outlook since the first year of the COVID-19 pandemic, the governor continues to grapple with controversies over his handling of criminal justice issues and leaders on both sides of the political divide say Pritzker’s approach sometimes falls short of fully addressing the state’s biggest problems."
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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Pragmatic progressive approach? Is that the same as delusional wishful thinking?
LOL JB Pritzker is our ‘biggest’ problem!
Wish this guy would just go away……anywhere but here!!
He is a carpetbagger, raised in Hawaii and California I believe, then spent his boarding school years on the east coast. The only connection he has to Chicago is his grandfather’s company was based here.