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.
Just say no to eliminating a fixed tax rate.
It’ll be like the tollway engr when it was 35 cents…
Who needs small businesses when you have the bears getting fat on your soon to be increased tax liabilities? I wonder where the bears ownership lives. You people really do deserve what you are getting.