Audio: Wirepoints’ Mark Glennon says Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades – Chicago’s Morning Answer
April 3, 2026
9 Comments
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.
Illinois lost another 54,000 tax filers and dependents, net, according to the IRS. Since 2000, fleeing taxpayers have taken $94 billion of annual adjusted gross income with them.
Yet he allows babies to be killed and children to be disfigured and emotionally harmed but he cares, bullsh-t
Pritzker won’t fart without checking how it polls first.
Guv Pigchop Thinking Big.
He’s a stooge corrupt Dem who’s afraid to cross the CTU.
Why would Pritzker care about a program designed to improve the success rate of Illinois students? Heaven forbid students get educated to a level where they could see through Pritzker’s inability to make Illinois better. Pritzker relies on low educated individuals who attentively listen to his mantras of “carnival barker’ or “right wing extremist” believing every word he says. The sad thing is that Pritzker’s plans seem to be working in Illinois meaning, all in all, leaving the State is probably the best advice for many at this point.
This is still the same stooge that declared in the spring of 2020 that only 2 people were allowed in a boat… in the fresh air… in nature… due to covid.
Real leader.