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The measure, which still has to be signed by Gov. JB Pritzker, also includes an additional $90 million for state welcoming centers for immigrants and refugees.
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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Millions for illegals while the homeless are left to die on the street
$20 million for migrants… Meanwhile, I am still begging CPS to provide support for our new Ukrainian students who are literal refugees. Not a pot to p*ss in for them. My favorite answer? “We are waiting on a ‘more robust’ response from central office. Gotcha.
But I thought that immigration was a net positive? Why do we need money to take care of them? Aren’t they supposed to be net contributors to our economy?
I guess I’m thoroughly confused.
In another headline here today mention is made on “wealth tax” for the State. Should Pritzker get his way one will see people losing their assets to be given to the migrants. Another day in Illinois rolls on.
Drop them off on tubby’s lawn. They can’t be arrested for trespassing right?
The fat man doesn’t want that. I can’t imagine why, unless he a bigoted, racist, white supremacist xenophobe
That’s more aptly called a $20 million public charge
The immigrants are the Chitty of Chicago’s future, treat them well.
Like barbarian third world invaders, it’s only a matter of time before they rename your streets, landmarks and replace all of your monuments. This newest wave of immigrants is much, much different than previous waves…They’re not assimilating. If you go to any high school lunch table, the students are in groups, socializing only with those who grandparents share a common ancestry – Koreans with Koreans, Mexicans with Mexicans, Cubans with Cubans, Ghanaian with Ghanianans, Iraqis with Iraqis….the melting pot is RACIST and instead we get a mixing pot of peoples, few of whom have anything in common any more, and… Read more »