-- 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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If and when democrats retake control of the Federal government, there should be a law suit filed on every single move they make.
Turn about is just fair.
Ugh. More CNN trash.
Look, kids, it’s soon-to-be-disbarred political hack Leticia James once again leading the charge, spending taxpayer dollars on more political activities.
This distracts no one, Leticia. Can’t wait to see you wearing the orange jumpsuit you so richly deserve.
Are the Democrats concerned about the state and property tax hikes? Maybe Dems are concerned that tariffs will impede all of JBs tax hikes.
Need to CUT the AG budget for all this stupidity.
Newsflash IL et al- You’ve got someone in the WH taking actions to benefit America, unlike the Obama/ Biden administrations as well as others.