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.
Dragging this Chinese plague out to November.
Unbelievable! Send those millions to the unemployed and small business owners in crisis!! What a steaming pile the P-boy is. Loooooves that gov’t tyranny and privacy invasion.