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’s see that breakdown of cuts, eh? Oh, and perhaps she’ll throw in a sales tax increase and even a local income tax into the brew??
The chickens are coming home to roost Lori. You wanted the job, so start making the tough decisions. Your new nickname is going to be “One Term”. I guess it’s better than Beetlejuice.
No chance in Hell of any cuts. Nothing but hot air.
Raise taxes is what will happen. Destroy is the only thing government knows how to do.
It’s a start
Start cutting
Pull it
Or hire CIA paid “freedom fighters’ like Bin Laden to knock it down. Didn’t you see, Rambo III? LOL
So six months after killing the city economy with her illegal Wuhan Virus shutdowns she comes to the realization that perhaps she needs to make some cost cuts? Certainly she will cut whatever annoys the taxpayers the most. Her priority will be to cause the greatest amount of pain to the taxpaying citizenry in order to punish them for not wanting tax hikes.