Ted appeared on the Illinois Channel to talk about the pension asset consolidation bill that just passed the General Assembly.
In concept, asset consolidation is a good idea. It will help Illinois’ hundreds of police and fire pension funds make bigger and better investments and do so more affordably.
But Gov. Pritzker calling the idea “momentous” is a huge overreach. The consolidation only effects downstate and suburban public safety pensions, which are responsible for less than 5 percent of Illinois’ overall retirement shortfall.
And the legislation went from good to bad when lawmakers added unrelated benefit changes into the law. They stuffed piecemeal changes to Tier 2 into the consolidation bill and voted to pass it without any public analysis and little debate.
Read more about the consolidation bill:
Ted joined Tom Miller of WJPF to talk about Illinois’ highest-in-the-nation property taxes, why lawmakers don’t want to touch the tax’s cost drivers, just how much Illinoisans’ tax burden has grown over the decades, why Gov. Pritzker failed to meet his promise to reform property taxes, and more.
Ted joined Dan and Amy to talk about the free speech controversy brewing in Wilmette due to the city’s refusal to fly a religious freedom flag, the city’s left-wing excesses and the growing culture war, the latest money spent on the illegal immigrant crisis, and more.
Weekly crime statistics from the Chicago Police Department: Report through 4/14/2024.
Chicago Public Schools is failing its students in almost every way. What can be done to save the educational futures of Chicago’s children? Join Wirepoints’ Ted Dabrowski as he participates in an education roundtable discussion hosted by Seeking Educational Excellence (SEE).
A U-Haul will solve the problem. Call a mover today and start a better life for you and your family. Illinois is DOA, no hope. Even the cops, firemen and teachers with the HUGE PENSIONS are running out of Illinois.
Last man standing will be a dead man. 83 Degrees and Sunny in South Florida, NO state income taxes. Freeze you a$$ of in poverty or start a great new life.
Illinois is aptly named; the state is ill and there is only noise.
The road to hell is paved with good intentions
I always enjoy these discussions with Illinois Channel — no over-the-top emotional rhetoric or specious political propaganda, just straight talk.