Newly-approved Illinois state budget could very well mark start of the end of Capitol Complex – WMAY (Springfield)

William G. Stratton Building. (2023, February 14). In Wikipedia. https://en.wikipedia.org/wiki/William_G._Stratton_BuildingThe budget includes a $50 million appropriation for demolition of the Stratton Office Building adjacent to the Capitol, and design and construction of a new legislative office building to replace it. The nearly 70-year-old Stratton is considered outdated and even unsafe.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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