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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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A summary of what just happened in Illinois with HB2421 HB 24121. **Swift Legislative Amendments**: Illinois lawmakers swiftly transformed a Child Welfare Bill into an election bill within just two days of legislative sessions in Springfield. 2. **Democratic Processes vs. Convenience**: This move raises concerns about sidelining the democratic process in favor of quick legislative changes, where bills were completely overhauled rather than amended. 3. **Legal Challenge and Political Maneuvering**: Illinois Democrats are facing legal challenges after altering ballot filing rules, which Republicans argue unfairly favor Democratic candidates. This maneuver has sparked controversy over fairness in elections and triggered a lawsuit. 4. **Political… Read more »
Pritzker called this legislation an ethics bill. So now we all know his and the legislature’s ethics.
Hey -1, are you a Pritzker goon? Getting worried that the are catching on to your leftist tactics?
There is no Democracy in Illinois. Before a nursing home resident is allowed to vote, they should have to be declared mentally competent by their personal physician. Democrats sure do know how to cheat! The also need to put “not legal citizen” back on driver’s licenses so illegals cannot vote. Is being a sanctuary state the Democrats ways of getting illegal immigrants to vote for them?
If only Deb……good ideas they don’t want
Hey goon, Cynthia and Deb are on to you. Report that back to your leftist boss.
Just write off IL as a democracy. The Democrats fully control IL and every piece of legislation they pass is meant to maintain and increase that control. Whatever hope the Republicans ever had is gone with their base all moving out.
WE CAN’T GIVE UP………THIS IS MY HOME!!
Mine also. Lincoln is rolling over in his grave.
It’s already gone.