Audio: Wirepoints’ Mark Glennon says Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades – Chicago’s Morning Answer
April 3, 2026
9 Comments
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.
Illinois lost another 54,000 tax filers and dependents, net, according to the IRS. Since 2000, fleeing taxpayers have taken $94 billion of annual adjusted gross income with them.
So I guess people that don’t agree with the Johnson(s) agenda have the right to throw them out “ by any means necessary “, right. The Johnsons better hope their opponents don’t adopt the tactics of Hamas that the Johnsons seem to condone.
I don’t know but is it possible that democrats really don’t like Jews? Nah, just ignore that fact and continue to vote for democrats.
Democrats are anti Semitic, pro Hamas. Just remember the Hamas protest groups and the anti American vandalism, which nothing was done to stop them