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.
Dumber than the proverbial box of rocks, and she does nothing more than read scripts and answers supplied by Madigan. Thank God she’s gone. Not an original thought in her tiny head. Wish her brain was as big as her mouth.