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.
12 to 15 billion to fully fund, the grave keeps getting deeper and deeper in this state Illinois cannot fund schools to the tune of 350 million in additional funds that Pritzker promised but Springfield has money for this. All this is about is votes Springfield thugs are kissing The black caucuses you know what in the hope they provide enough votes needed in the next election.