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.
“You make me attorney general, and if Kim Foxx won’t prosecute ‘em, I will,” DeVore told the crowd. “And she better get to prosecuting or we’ll figure out a way to prosecute her.”
MORE OF THIS