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.
The ‘inside’ story provided to you by ‘insiders’ who want to push a narrative. And spend half the article trashing self-proclaimed Republican pundits! What a garbage article.
The ‘journalist’ is a Northwestern alum too. Go figure, they always are. So sad to see NW’s name and prestige swirl the toilet. it’s possible NW’s red-headed step-child a few miles to the south has a better reputation these days!