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.
Taxpayer spending doubled in five years just like your income, right?
Illinois democrats budgets are loaded with waste and fraud — a full forensic audit would be the enema for this fiscal shit-clog