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.
It would be terrible if Chicago had a record cold winter! Terrible I tell you!
Pritzker’s plan is like putting band-aids on a massive head wound. He must curse out Gov. Abbott every night for sending these inconvenient illegals to Illinois to mess up JB’s presidential plans.