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Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Last time I looked federal law supersedes state law.
I’m not a fan of all this sanctuary city/state laws to protect people that come here illegally but it doesn’t sound like, at least from the article, that this law supersedes federal law. “Under the language added to the Illinois workplace privacy law by SB0508, for instance, employers in Illinois would be forbidden from imposing “work authorization verification … requirements greater than those required by federal law.” States can impose restrictions on e-verify as it’s optional at the federal level. Arizona mandated the use of e-verify and the courts agreed that it didn’t conflict with federal law’s optional component. Will… Read more »
“When I use a word,’ Humpty Dumpty said in rather a scornful tone, ‘it means just what I choose it to mean — neither more nor less.’
’The question is,’ said Alice, ‘whether you can make words mean so many different things.’
’The question is,’ said Humpty Dumpty, ‘which is to be master — that’s all.” ― Lewis Carroll, Through the Looking Glass
Democrats always supports illegals and criminals over safety, US law abiding citizens.
The “ Catch 22 “ suits IL perfectly- you can either submit to their will or you can pay exorbitant fines and probably eventually go out of business.