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.
I think our lawmakers are demon possessed and need a mass exorcism!
Abortion-Transgender-Drag Queens in libraries-weed-transitioning surgeries for children-gambling-wokism seems to be the priority.
Quite a misleading headline considering the liabilities in the underfunded pension funds. To be sure Pritzker will be touting his great accomplishment reflected in the headline that, like everything in Illinois, is clouded by the usual smoke and mirrors