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.
Out migration is going to increase at an increasing rate.
Kiss Illinois good bye, best day of your life.
Good Ole Illinois you can always count on them for taking more money out of the wallets of the Illinois citizens.