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$5.6 million worth of the gas cards will be earmarked for residents of the South and West sides — as well as $3.75 million worth of the CTA cards, under a revised measure of the proposal released by the mayor’s office Tuesday.
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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Perhaps someone should advise Ms. Lightfoot that she is mayor to people of people of all colors, not just POCs.
And they vote too.
Lori would have self funded this as Willie did, but she’s only got about $120 in her campaign war chest. Contributions have evaporated for some reason?
Anybody find the motto ironic,”Chicago Moves” yeah to Indiana, Wisconsin,Iowa.
Those cards are merely small $150 campaign signs paid for with taxpayer money. Arrest her.
When I saw the headline I thought it was referring to Lori, not her silly grandstanding plan.
This is a joke, right? Democrats cut pipelines, kill fracking oil land leases, tighten EPA rules, cause the biggest jump in gas prices in 50 years– and then have taxpayers pay for these childish gasoline gift cards. Are Illinoisans and Chicagoans really that dumb to fall for this stunt?
They’ll take her money but they aren’t going to vote for her.
You don’t think minorities getting free gas will vote for her?
Yes
She so desperate for good publicity. Unfortunately she’s as clumsy as she is incompetent!