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.
According to CPD arrest records, one of the men is 26 and the other is 25. Both have been arrested several times by Chicago police in the past, including for gun charges.
And let’s just keep setting them free. This is total insanity.