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 move could save up to $14 million in state tax dollars.” Huh. That’s pretzel logic, given the migrants shouldn’t be here in the first place.
NEVER SHOULD HAVE BEEN GIVEN ANY INSURANCE THAT LEGAL AMERICANS HAVE AND HAVE PAID FOR!!