Audio: Wirepoints’ Mark Glennon says Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades – Chicago’s Morning Answer
April 3, 2026
9 Comments
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.
Illinois lost another 54,000 tax filers and dependents, net, according to the IRS. Since 2000, fleeing taxpayers have taken $94 billion of annual adjusted gross income with them.
Another North Side liberal at work wanting to spend other peoples money…next up he gets
re-elected.
We had no business getting involved in Ukraine. A peace deal was at hand to stop Ukraine from committing genocide in the Donbas as east regions. Then the west sabotaged it because the ultimate goal is to have Blackrock own Ukraine. This means throwing over 500,000 Ukrainians to their death to date.
No Mike no more aid until are southern borders are shutdown, remember America and Americans come first something you obviously have forgotten. 🇺🇸
Yeah Mike, you do need to choose. You have an important job and you have to make tough choices. The money printing in the USA is just about over, and the US has pissed billions away supporting an unwinnable war. People don’t believe the Biden propaganda machine anymore. Putin isn’t on his death bed like the liberal media said and the Ukrainians aren’t doing anything unless we do it for them.