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.
TO BE HONEST WITH YOU I GOT CAUGHT. You hid it on page 984 of 1,000 page bill
McCormick center triage during COVID ring a bell? How many millions wasted there for a facility that wasn’t used. Millions of wasted taxpayer dollars for Lion electric in Joliet. Millions on foreign invaders, while the roads are shit and bridges around will county are out of commission for months and one for 2 years. Pritzger sure loves to spend our money wisely
Leave it to Butterworth to hand out 1.3M for nothing and call it a good deal. This ranks right up there with his several failed green vehicle ventures at the taxpayers expense.
What’s $1.3 million amongst friends? Will come back as campaign contributions.
What a moron. The arrogance. Completely out of touch. “Gee, not such a bad deal”. Only $1.3M for a failed build of a bad site to house illegal immigrants. Sure – no problem. Absolutely no concept of value or the meaning of what it takes for honest tax payers to provide the $1.3M for him and that PINhead mayor to just crap away. Friggin pathetic.
When one is a trust fund moron with the business acumen of a five year old, 1.3M for nothing is a good deal.