Lightfoot sweetens budget pot even more in quest for 26 votes – Chicago Sun-Times*

Ald. Brian Hopkins (2nd) questioned Lightfoot’s decision to cancel 350 layoffs by borrowing against future marijuana revenues. “That’s a bad habit to form...You’re spending paychecks you hope to earn next year on groceries that you need today. That’s a terrible way to run a household and it’s a terrible way to run a government."

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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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