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.
How can you have an Illinois float without a U-Haul trailer?
P.S. Too many taxpayers DID NOT ENJOY ILLINOIS. Had something to do with high taxes, corruption, and high crime. That’s why they packed up and left.
What a waste of money. This is not even an attractive float–design is too busy and ugly. No tourism dollars were brought in by this wreck. Illinois should discontinue their participation in the Rose Parade. Add this to the mountain of stupid ways Illinois wastes taxpayer dollars.
I thought they won “Most Likely to Deceive” award. Maybe the home state of the parade took that prize.