Hotels, unions forge compromise on City’s ‘Right to Return to Work’ ordinance – Chicago Sun-Times*

Michael Jacobson, president of the Illinois Hotel & Lodging Association, said he’s not at all certain laid-off hotel workers need protection at a time when employees in the hospitality industry are sitting in the catbird seat, as restaurants and hotels struggle to fill openings. But, he said, “If we have to pass something, what you see here today is a fair compromise.”

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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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