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.
Imagine their surprise when none of the problems get any better, despite these “pillars” of law they have passed. Obviously it will be because not enough money was spent…
Sonia is smoking to much weed
Low quality weed at that.
Gotta fund those reparations