Report: Taxpayer burden in Illinois nearly doubles in 12 years – Center Square

Truth In Accounting Research Director Bill Bergman said, “That’s significant for a few reasons, including the beginning of that period was in the middle of the worst economic and financial crisis since the Great Depression and Illinois has only deteriorated since then despite the massive recovery in financial markets since 2009. That’s scary.”

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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