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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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This scholarship program is a tiny bit of the overall education bucket. It’s a drop of water in an ocean. But unionistas still get bent out of shape over it.
Hey, this poor orphan boy came from a single parent home with outdoor plumbing and rose to the governor’s mansion through hours of study and hard work. He knows the value of a good education and wants all kids to get the best opportunities. Or, he is just lying for votes!
Then restore the full credit! Pritzker is a liar.
Jack, you stole my thoughts!
Here is the whole text, for those behind a paywall: Gov. Pritzker Flips on School Choice The Illinois Democrat backs a scholarship program he promised he would eliminate. By Corey DeAngelis – Oct. 19, 2022 “With three weeks until Election Day, Illinois Gov. J.B. Pritzker has reversed himself on school choice. On Tuesday the Chicago Sun-Times released Mr. Pritzker’s answers to a candidate survey. He answered yes to the question: “Do you support Illinois’ tax credit scholarship program that provides financial support for students to attend private and parochial schools?” In a more detailed response, Gov. Pritzker also noted that… Read more »
Anything Pritzker says, or puts on a survey, is of no importance. When someone has a history of distortion and lies, only a fool believes that person. Unfortunately, Illinois leads the nation in fools.