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An Illinois state court battle is heating up over whether an agency should be compelled to release the names of students who receive state financial aid to attend college.
Summary and audio linked here.
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.
Full interview and summary linked here.
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On the one hand, yes, there needs to be accountability for the MAP program. On the other hand, 18 year old kids who were born into poor families don’t need their names broadcast on the internet as being poor folk. I know I wouldn’t want my name on some list. I don’t want people looking up my name 20 years from now and seeing that I too received a little MAP money from the state 20 years ago. it’s irrelevant. But on the other hand, he’s right, the amount of the award is so minimal, it’s basically nothing, there is… Read more »