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Ted joined Jeff Daly to talk about the “progressive-income-tax-for-property-tax-relief” initiative on the November ballot, the latest on why Illinois can expect an electricity crisis, why Trump is right to criticize the bad policies and dismal outcomes in blue cities like Chicago, and more.
Read more from Wirepoints:
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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Fat chance. Do you really think the unions that own the democrats will let that happen?
While you’re at it, consolidate suburban school districts so you’re not paying double the administration salaries.
Park districts another entity that could stand to be trimmed down. City officials, township officials, county officials and state officials all to keep an eye out for hunters, people breaking the curfew and other untoward behavior.
We moved to Tennessee a few years ago from Illinois and their schools are consolidated by County thus saving millions of dollars per year. In fact, most southern school districts do this. Huge reason property taxes down here are 20% of Illinois.
Florida has school districts by county as well. They have about 70 school districts total to Illinois’ 650+ school districts. Think of the billions saved annually by consolidation.