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.
Pritzker’s eliminating the state’s one percent grocery tax but keeping the obscenely high pensions and health care benefits in place. He’s quite the advocate for the IL taxpayer.
Pritzker for President 2024 wants to claim that he lowered Illinois taxes. The Pravda Media will gobble up this lie without question and proclaim him a financial genius.