Illinois is just treading water, at best – Wirepoints joins Tom Miller of WJPF Carbondale

Ted joined Tom Miller to talk about why Illinois lawmakers don’t deserve their $100,000 salaries, why Illinois pensions are such an impossible-to-solve issue, the tax hikes that are coming due to Chicago’s billion-dollar deficits, the state’s big debts and big population losses, the SAFE-T Act’s failures, and much more.

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JOHN EKBERG
9 months ago

Thank you for shedding light on why there needs to be a “cleaning house” on Demo. legislators/govt. leaders who put Party power above representing/advocating for all sectors of IL.

Call my shrink
9 months ago

Lets face it , till the people of Illinois stand up and vote these clowns out nothing will get done. First step make this state Red

Hello, Indiana!
9 months ago

A quick look at adjoining states tells us that IL is “ treading water “ about as well as the Titanic did on its maiden voyage.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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