Holiday scratch-offs are no gift to Illinois schools – Illinois Policy

Christopher Mooney, a political science professor at the University of Illinois at Chicago, explains the disingenuous nature of lottery funds: “If the lottery provides $10 to the school fund, state officials have two choices: they can either spend that much more money on schools than their intended $50 dollars, or they can lower the contribution from the general fund by $10. Illinois officials have taken the second approach."

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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