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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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Remote learning is the result of state and local school district policy. Local school district policy is the result of locally elected school boards whose members directly pass policies and approve the contracts of employees who make various rules and decisions. The next school board election (outside Chicago) is Tuesday April 6, 2021. The period to circulate petitions (obtain registered voter signatures) for that election is September 22 – December 21, 2020. The petitions and associated paperwork must be filed with the appropriate election authority between December 14 – December 21, 2020. There are incredibly specific rules for valid petitions… Read more »