Lightfoot Uses 2023 Budget to Tout Progressive Credentials as She Gears Up for Challenges from All Sides – WTTW (Chicago)

Lightfoot’s 2022 spending plan would not have passed without the support of progressive members of the City Council — and whether the 18-member caucus can reach a deal with the mayor in 2023 will shape the final outcome for the last budget in what Lightfoot hopes is her first term.

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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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