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.
Columbus was a evil brutal man. The last thing we should have is a holiday for one of the worst people in the history of the world. Trump and Jeffrey Epstein would have done business with him.
Columbus was a brave explorer.
Why impugn a dead guy’s memory?
Chicago is Anti Italian. Isn’t that discrimination?
No. Democrats AKA Communists are massively racist and hate anyone who isn’t Black or Hispanic or anything other than white and of course they hate all jews. Typical Communist playbook.
Rotating art ? We’ll never see them again.
“People’s Plaza “. How socialist/ Marxist/ Dem can you get? The mandate to erase American history marches on unabated. How’s your lying “ not bad guy “ mayor looking now, Andy Shaw?
The article says Peoples’ instead of People’s, which gives it more of a DEI slant.
Democrats ARE Communists. With NYC Mondaini the decades long lie is finally exposed and the mask has come off. The only way they will win elections now and into the future is by cheating and/or purchasing votes. The SEIU AFSCME scum already show up as paid protestors. So…..PPF is now a Communist.