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More than 9,000 students attended private schools in Illinois with financial support from the tax credit scholarships during the 2022-23 school year, according to officials. “It’s the schools who serve the greatest number of low-income students who are now going to get the biggest hit,” said Greg Richmond, superintendent of schools for the Archdiocese of Chicago. “Not a single middle-income or upper-income family lost a scholarship because they’re not eligible for them. Only low-income families had the rug pulled out from under them.”
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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It is ironic that they quote an official with the Archdiocese of Chicago. Does he need the phone number of his boss, the Cardinal? Maybe he should call him. The Cardinal was virtually silent as this was talked about in the public square before the credit expired. I do not recall him using his bully pulpit to vigorously push for renewal of the credit. I wonder why not, if it is so important?
Tick tock the clock is running, the city will be forced to realize that if you cannot afford
It shut it down. More and more the city looks
Like Detroit, which will file a second bankruptcy soon. Chicago will also file its
First soon. The public schools are a joke
Lawlessness reigns supreme, the “ usual
Gang of idiots “ is clueless.
Tick tock the clock is running.