Jim Dey: Governor’s biggest win came in advance of election day – Champaign News-Gazette*

"But what’s good politically for Pritzker is not necessarily good for Chicago or Illinois. At least that’s what Pyrrhus of Epirus meant when he warned of victories that come at too high a cost. Over the years, Griffin has paid over $200 million in state income-tax revenue the state needed. Cumulatively, his well-paid employers have contributed much more. Griffin has also made $1.5 billion in philanthropic donations that paid for, among other things, food programs for schoolchildren and the poor in Chicago, construction of miniature soccer fields across the city, and an 18-mile path along the lakefront that separates runners from cyclists, along with a $125 million gift to the Museum of Science and Industry."

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

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.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE