-- Connecting the dots between our economy, government and business --
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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I would say unbelievable, but nothing is anymore in Illinois. What exactly do the legislators do in this state that promotes economic growth and tax relief for citizens? This is how they spend their time?
Laser hair removal is not medically necessary. It is cosmetic and should not be covered. This, in a state where people are denied medically necessary healthcare. Which Democratic legislator has excess hair?
Maybe Pritzker is thinking ahead about the beach photos needed when running for president.
The bill adds this benefit to all governmental health plans–state and local government as well as all insured benefits. The actual bill language removes the list of conditions mentioned in the article and simply requires “medical necessity.” Oh, I am so ashamed of my eyebrows, my hairy legs, my mustache and my back, it makes me depressed. Gimme the laser!”
Hair implants and elective boob enhancement surgery is next on the mandate list.
Abraham Lincoln would be proud.