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CPS pensions

Worst Republican Governor in America's Budget Address

Rauner said he's going to repeal the tax increase he presided over, yet he budgets for the revenue from it? Isn’t shifting pension costs to local school districts going to raise the highest property taxes in the nation even more? “Rauner, for the last three years, has played directly into Mike Madigan’s hands,” said State Rep. Tom Morrison (R-Palatine). Rep. Morrison joins Dan and Amy to discuss Rauner’s budget address and why he is supporting Jeanne Ives for governor.

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Over Promised Pension Benefits Not Underfunded

Why does Illinois have the largest unfunded pension liabilities in the country? How can the pensions be paid off when the benefits have grown six times the rate of the general revenue growth? Why would politicians investigate this problem when they are all waiting in line for their pensions? How can Illinois stop the bleeding? President of  Wirepoints.com, Ted Dabrowski joins Dan and Amy to discuss his new study, Illinois state pensions: Over promised, Not Underfunded.

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Winners and Losers Of Education Funding In Illinois

Funding the adults and focusing on the inputs not the outputs has been the basis of education funding in Illinois. Who should we be thanking for getting the tax credit scholarships included? But who are the ones actually taking a bow? Should we be expecting more increases in property taxes? Dan and Amy discuss the new education funding bill in Illinois.

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Madigan And Cullerton Manufacture A Crisis

Are House Speaker Madigan and Senate President Cullerton trying to manufacture a crisis by not sending the school funding reform bill to the Governor? When the bill gets to his desk, what will be the result of Governor Rauner’s amendatory veto? What does the hold harmless provision do? Will tax credits be included in the school funding reform bill?  Dan and Amy discussed with State Senator Jason Barickman (R-Champaign).

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Democrats' Fake Reform

Lawmakers are trying to rush a budget at the end of special session, so House Democrats finally put forth a plan, which includes a property tax freeze. But the plan offers no real relief for struggling taxpayers. On this edition of Illinois Rising, Dan Proft and Pat Hughes break this down with WirePoints.com's Mark Glennon, and discuss what real property tax relief should look like. They also discuss the soon-to-be insolvent Chicago police pension, and waste throughout Chicago Public Schools, as well as financial recklessness at the county level.

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CNBC’s Santelli On CPS Pension Fund: It’s A Ponzi Scheme

Dan & Amy are joined by CNBC On-Air Editor Rick Santelli who had this to say about the Chicago City Wire: "It is a great publication. I wish more print and blogs and commentators and analysts would zero in on some of these huge issues."

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