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.
Sad that rauner has to have the trib doing this communications work for him instead of his own “handlers”. Even sadder though is rauner is such a wimp, he has abdicated leadership to “handlers”. But even sadder still is that rauner is more of a democrat than McCann is ideologically, so what does he expect? Publicly funding abortionists, raising taxes and abdicating again to a pack of pro sanctuary judges to obtain sanctuary statehood without actually having to do it himself, like his wife Dianne has instructed him to do. McCann might be throwing good republicans under the bus now,… Read more »