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.
another day, another business-unfriendly Illinois bill
If there’s any burden that can be placed on employers, they will find it.
And on the same page I read “John Deere Quietly Choosing Indiana and North Carolina Over Illinois”