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.
Yes, by all means highlight all of Chicago’s wonderful attributes. Crime, corruption, real estate vacancies….the list goes on. All produced by a Democrat super majority for decades. Great story.
Highlight the totally corrupt Democratic Party in Illinois.
King Mikey Madigan had to resign and is facing a criminal trial next year.
What a legacy for Illinois Dems!!