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.
Money can buy just about everything but it cannot buy common sense
If the company to set up shop in IL is struggling, Pritzker can always increase taxpayer subsidies. There, problem solved.
Like a trust fund baby at the high stakes table in Vegas, it’s of no consequence to play recklessly with someone else’s money.
we really need a NEW gov……….someone who cares for the people and the state
We need a new, pared down IL government, top to bottom. Fixing the head only won’t stop the rot.
I DO AGREE WITH THAT……THANK YOU FOR THE COMMENT