-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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This was a law enacted in 1996 and purposely ignored by politiicans of both parties, and of course, the university administrations. Long, long overdue
Illinois law doesn’t provide benefits to illegals that it doesn’t to citizens that reside in Illinois. It provides benefits to both citizens and illegals who attended an illinois high school for 3 years, graduated from an illinois high school and resided with parents are guardians while attending high school. This law has been on the books for over 20 years. The latest law recently signed by Pritzker provides state scholarship opportunities for ALL Illinois residents regardless of immigration status or selective service completion. Not happy about this law but it isn’t illegal. This is just red meat to toss to… Read more »
Wow – These laws are so wrong. How does anyone get their mind to a place that this makes any sense? The existing law is wrong, but the enhanced solution signed by Pritzker is simply ridiculous. It is almost like he is trying to be outlandish at the tax payers expense.
I only wish Abbot would’ve dropped the illegals in Springfield. Putzger would be singing a different tune
“ Mr. Kwame Goes to Washington.” Mr. Kwame gets his hat handed to him by a real lawyer.
Pritzker and the Democrats policies: illegals before US citizens.
If Illinois doesn’t have the common sense to keep enrollment and a myriad of other benefits from illegals, as least the federal government does. The grifting in this state needs to stop.