-- Connecting the dots between our economy, government and business --
Funding included two grants totaling $500,000 from the llinois Department of Human Services for “administrative services associated with violence prevention programs, youth employment programs, and operational expenses," a single grant of $500,000 “from the State Coronavirus Urgent Remediation Emergency Fund” through the Illinois Criminal Justice Information Authority “for administrative costs." CTC received five additional grants totaling $500,000 from the "Build Illinois Bond Fund" through the Illinois Department of Commerce and Economic Opportunity “for costs associated with building renovations” and “for costs associated with infrastructure improvements.”
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Our tax money is supporting a gaggle of loonies.
Good God. Why does this have the be the responsibility of the Tax Payers? Who in the world thinks that this sort of crap is somehow the Tax Payer’s responsibility? It does not make sense.
More scamming in this state! Never disappoints!!!!
Will Kwame be signing onto multi-blue state lawsuit to restore the cross-dresser therapy funding??
Remember this the next time some unqualified government new hire is rolling around on the ground and m-fing Musk in front of the TV cameras .
JB need to learn to dress in a staight jacket or like his whatever your call that sibling
And the Illinois political animals who put their talking points through the useless Chicago media have been feeding them points to the effect there is no way out of their intentionally created fiscal fiasco other than massive tax hikes.
Nay nay!
There are lots more of these profligate wastes of taxpayer funds. Illinois needs a top to bottom DOGE makeover.
Absolutely infuriating.
Expose and destroy Pritzker’s agenda at every turn and any other Springfield politicians sick perverted agendas.