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Illinois Federation of Teachers President Stacy Davis Gates said, “We believe that wealthy corporations that are receiving a benefit from the Trump administration should see that benefit manifest and put in a little more in Illinois.”
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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Illinois is a humiliation ritual ,CTU is a gangbanger,single mother factory ,cut them loose ,New Illinois!
Make it a voucher school system. Half of them will be out of work in a heartbeat
This article is over the top bullshit! Gates, Johnson and the rest of each of the unions leadership are grifters. Capitol News/Pravda News are the propoganda arm of the Marxists unions. “The state is supposed to be shouldering the cost of most public schools, where most recently, it’s been property tax increases.” According to the Illinois Supreme Court, the state is NOT supposed to be shouldering the cost of most public schools. Ralph Martire has said that himself. Cahokia School District… had a property tax levy of just over 11.8%. Lake Forest Community High School District in Lake County.. its… Read more »
Underfunded?? That’s a laugh. There is more than enough money to educate our children, but, not the way the union spends it. “One for you- nine for us”!!!
Nobody is talking about the fact that a progressive rate income tax was placed on the constitutional amendment ballot during the Governor’s first term and it failed.
There they are…rich people working on ways to spend everyone else’s money. The education industry is a bottomless pit of corruption and waste. This song and dance is endless.
Downstate IL is going to be sorry that they let CTU take over. CTU hasn’t provided financial information in 4 years. What are they hiding? CTU is against school choice, and CPS has failed education and students. Taxpayers will see their property taxes rise, with a decline in education. Stacy Gates is a political activist who cares only about power, money and politics. It was reported that CTU spent only about 16% of their revenue representing teachers. Good luck.
These bozos sure like to take others peoples money! The kids right now for most of this state cannot read or preform basic math. This is a great way to face the future. The parents don’t
care and besides we get to feed them too.
First work to get the kids proficient in basic
schooling, take their shoes and socks off
then at least in math they can count up to 20.
This change will not cost you a cent more of our money.
Like many Marxists, Gates sees someone else making bank and has to get as much of it as humanely possible. Nevermind that corporations provide services/ goods and jobs to taxpaying employees, they need to cough up their profits ( after already paying taxes )to a failed education system’s union that churns out woefully uneducated students year after year.
Stacy . Pay your FAIR SHARE !!! You are DELINQUENT on paying your bills to the CITY . Over $1,000 you owe !!! Look at the $23,000 spent per student in CHICAGO and look at the results . Lower test scores and grade level proficiency. Money ISN’T the answer . Accountability of teachers and board members is .