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.
Rahm is just a nasty spoiled brat who thinks he’s the smartest guy in every room. I hope he gets the nod and then he can go at it with AOC. I doubt there are two bigger wastes of space in existence.