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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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Illinois is one of the only states I know of that is proud when they expand Medicaid coverage. I’m happy that new mothers get good medical care. But going back all the way to Blago, then Quinn, and now Pritzker– they issue press releases bragging about the expansion of Medicaid coverage. I guess no one pays attention any longer to the reality of Medicaid–it is for people who are too poor to provide their own coverage, or don’t have coverage through employment. Many states–guess what-mostly red states– issue press releases when they get people off of Medicaid. Illinois is proud… Read more »
This might be the first law I’ve seen in Illinois in a long time that actual supports mothers having children. Sorry Kelly Cassidy, not ‘individuals’ but women the article says. The State of Illinois encourages, more like celebrates, the abortion and makes it as easy as possible to kill preborn.
It’s just too bad this medicaid expansion law is slimed with ‘equity’ and does so only to support BIPOC instead of motherhood itself.
The state always has to wreck a good thing.