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.
But he raises the taxes of the everyday person.
What a joke
This mans priorities are totally backwards, what about some damn property tax relief for the people of Illinois. I don’t know between chuckles the clown and lighthead I’m now pretty sure there both brain dead politicians.
Article should read historical day in Illinois PRITZKER SIGNS BILL LOWERING PROPERTY TAXES FOR ILLINOIS. ya I know ha ha