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The migrant crisis is likely to cost taxpayers $361 million between January and December 2023, an increase of more than 4% in the past week, according to updated financial projections released Thursday by the mayor’s office. the mayor asked the City Council to earmark less than the full projected cost to care for the migrants to acknowledge that the burden should not fall entirely on Chicago taxpayers, Deputy Chief of Staff Christina Pacione Zayas said.
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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My guess is that the Chitty paid $10,000 or more for each tent in the picture to a Democratic business. This is a great opportunity to rip-off the taxpayers.
Expensive North Face parkas and tents, catered meals from Whole Foods, free medical care at City/County hospitals, Uber credits, free phones – it’s what a welcoming city does. Funding city pensions (e.g., CPD, CFD, et. al.), get in line.
BJ shows his prowess in balancing the budget by this action. Simply setting aside half of what is needed based upon experience is a perfect way to balance budgets and when the actual bills come in cry for a bailout using tactics that may even include the race card. Budgeting by BJ that I believe is even better than the Edgar Ramp.
SANCTUARY CITY SHIT-SHOW: Johnson Spending More Millions Of Tax Dollars On Illegals; Johnson Wants Pritzker, Biden, To Use Your Tax Dollars To Bail Out His Sanctuary City Shit-Show – WBBM AM 780 News Radio Chicago; In Chicago, Democrats Want Illegals To Get Rewarded With Jobs, For Breaking US Law – WBBM AM 780 News Radio Chicago