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Several aldermen have said they will not support any property tax hike, and despite his own campaign promise not to raise property taxes, Mayor Brandon Johnson said those drawing a line in the sand against any level of property tax hike might need a wakeup call. "Some of the steps and measures that are being taken, these are some individuals that are having tantrums right now. It's time to grow up. The people of Chicago don't have time for that," he said.
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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This POS couldn’t run a school cookie sale, but you morons elected him as your mayor. Who’s the real idiot?
Chicago and Illinois are the next Titanic.
So, what sort of planning detail, justification, budget development existed to get to the NEED for $300M..but now, $150M will be ok. So, Pinhead…which one is it? $300M or $150M? The fact that this moron made such an arbitrary change on a huge sum of money that is apparently NEEDED…illustrates the ineptitude of government.
A rose by “any other name is still a rose’ and no matter what it is called the Mayor’s package is just another tax hike to fund his spending plans. Cutting this tax offset by that tax doesn’t make a lot of sense but to Johnson it apparently does. It seems though perhaps the people have woke up to his shell game taxation scheme.
He needs to go back to the $300 million. The people of Ci-cago deserve to pay those taxes and more. They vote for this crap, let them wallow in it.
It the left programs that aren’t helping entire city
He’s the last person on earth that should bring up tantrums after the one he threw about not addressing his wife as “ First Lady.”. Does that make baby momma “ Second Lady “?
You’re still raggedy, Brandon. “Grown-ups” cut costs in their households and firms when expenses exceed incomes. Children deny such reality and must be supervised by adults. Some aldermen are finally acting like adults while you behave like a child.
Payroll would be a great place to start. The entire database can be downloaded from https://data.cityofchicago.org/Administration-Finance/Current-Employee-Names-Salaries-and-Position-Title/xzkq-xp2w/about_data The sum total of salaried personnel and hourly is $2,628,199,136.
Good info. Can you get some data on the total number of retired former employees and the pensions/health care costs they get as a comparison? Thanks.