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.
Let the lawyer feeding frenzie begin!! Wonder how jbs/dems new unlimited time limit to file law suites for exposuer to hazerdous substaces will effect lead in water suites. Chicago tax payer–keep grabben them ankles!!