Paul Vallas: First report on Invest in Kids scholarship program has major flaws – Chicago Tribune*

"In fairness to the report, this may be more the fault of the media coverage that ignored the report’s pointing to strong satisfaction among the overwhelming majority of parents with the private schools their children are attending. ... These schools, primarily Catholic, not only managed to stay open through substantial financial support from their faith communities but have also demonstrated remarkable success in Chicago and across the nation among all student demographics."

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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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