Legislative Audit Commission calls for another audit of IDES – Center Square

This is on the heals of another audit released in July by the Illinois Auditor General, which found errors in the distribution of federal pandemic assistance funds. In the report, IDES funneled nearly $155 million to potentially ineligible claimants from May 11 to June 30, 2020. Thousands of people who received money were deceased, younger than 13 or non-existent.

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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.

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