-- Connecting the dots between our economy, government and business --
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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Here in Illinois, I will continue fighting for what working families need most right now: affordability.” What kind of affordability for the low income and middle class was almost raising every tax know to man? How does doubling the gas tax with builtin yearly increases help the average person. License plate went up 50%/gas taxes 100% and those prices are added to anything shipped and delivered. Property taxes keep going up every year regardless of value. Utilities are all going up. So tell us how YOU JB have helped the average taxpayer? Please list all the ways Illinois citizens on… Read more »
Pritzker Washington doesn’t want you, your party doesn’t want you your rhetoric is old along with your goons in Springfield that you control. The embarrassment that the Democrats showed at President Trumps speech yesterday all but assured the Republicans a win in the midterms. People will not forget what you do and say, I’d be very careful Washington doesn’t come for you and a few others in Springfield again your party is over . America will be great again Pritzker especially without YOU.
I agree with you, but I still don’t believe the voters here in Illinois are smart enough to throw Democrats out of office. Look at what keeps getting elected!