Audio: Wirepoints’ Mark Glennon says Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades – Chicago’s Morning Answer
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Illinois lost another 54,000 tax filers and dependents, net, according to the IRS. Since 2000, fleeing taxpayers have taken $94 billion of annual adjusted gross income with them.
Duckworth trampling on the memory of Holocaust victims and American law enforcement with her evil comparisons to the Gestapo.
The out of control anti-American Marxist Dems must be crushed with legal justice.
She seems she should be a voice in Illinois now that Dickhead Durbin is leaving. Tammy No one cares what you think
Duckworth needs to be removed. She doesn’t represent IL US law abiding citizens.
Illinois is literally out of control and run by foreign illegals at this point. Bounties on the heads of officials by drug cartels will not be tolerated and the feds will eliminate them. It is sad to see the war being brought to our states streets because of incompetent leadership that can’t comprehend you shouldn’t harbor illegals committing felonious acts. You can only imagine what it would have been had Kamala and her cohort Tim would have won the election.
Such an embarrassment. Just like JumboJB. It is all just theatre for them.
Another hate filled democrat advocating for violence against federal agents doing their job. I was recently criticized for saying that certain veterans do not deserve respect for being in the military just because they were. In order to earn that respect they must show that they should be respected and thanked. Duckworth does not deserve any respect.
How does this woman live with herself