Wirepoints
Recent News About Wirepoints
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From Prairie State Wire
More than half of Illinois' police and fire pension funds are underfunded, Wirepoints reports
Financial decay is happening at all levels of Illinois state government, according to the president of state news aggregation and research site Wirepoints.
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Wirepoints: Mayor Lightfoot’s State of the City speech doesn't address need for structural fixes
Government watchdog website Wirepoints laments Chicago Mayor Lori Lightfoot’s first State of the City address doesn't acknowledge the structural fixes the city needs.
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From Prairie State Wire
Illinois home values show little growth compared to neighbors, rest of U.S., Wirepoints reports
Illinois ranked near the bottom in average U.S. home values over a 12-year period ending in 2017, according to a new Wirepoints report.
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Wirepoints founder irate at CTU's 'endless greed'
The latest move by the Chicago Teachers Union (CTU) has left the founder of government watchdog group Wirepoints fuming.
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Wirepoints' Dabrowski: Pension reforms only way out from under Chicago's mountain of debt
Wirepoints' Ted Dabrowski believes a series of ordinances proposed by Chicago 19th Ward Ald. Matthew O’Shea as a way of paying down the city’s massive pension debt will only add to the problem in the long run.
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Wirepoints: Denied pension bailout, Lightfoot makes generous offer to Chicago Teachers Union
On the heels of asking the state for a taxpayer-funded bailout, Chicago Mayor Lori Lightfoot is offering the Chicago Teachers Union (CTU) a five-year contract and a 14-percent pay raise, according to a Wirepoints report.
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From Prairie State Wire
Wirepoints calls out Pritzker for doubling state's gas tax, breaking promise to middle class
Illinois state lawmakers have a dubious history of subjecting residents to gas tax hikes, but the recent doubling of the state gas tax to 38 cents per gallon seems to have taken things to an entirely new level.
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Stanford report, Wirepoints president single out Chicago's pension crisis as a worst-case scenario
A Stanford University think tank has painted a grim picture of Chicago's pension liability, producing research with which a local leader of Illinois public policy reporting agrees.
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From Prairie State Wire
Pritzker’s claims of paying down pension debt “simply dishonest,” fiscal watchdog says
The recently approved state budget hardly makes Illinois the beacon of fiscal prudence that Democratic Gov. J.B. Pritzker and legislative leaders claim it is, budgetary analysts at Wirepoints say.
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Wirepoints founder Glennon calls reelection of CTU's officer caucus 'beyond heartbreaking'
The founder of an online news outlet considers it a tragedy that the Chicago Teachers Union (CTU) reelected an officer caucus, including its socialist president, reportedly by an overwhelming margin.
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Chicago feels the brunt of demographic crisis, Wirepoints reports, like a collapsing Ponzi scheme
Illinois’ much-beleaguered pension system has regrettably deteriorated into a Ponzi scheme, according to one state government watchdog website Wirepoints.
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Foxx’s non-recusal in Smollett case should void dismissal of charges, claims Wirepoints founder
The Jussie Smollett case keeps getting stranger by the minute, with word now circulating that Cook County State’s Attorney Kim Foxx never formally recused herself from the case as has been widely reported.
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Wirepoints' Glennon: Rent control would intensify housing crisis
A Chicago Democratic lawmaker's second attempt at eliminating Illinois' rent-control ban would predictably worsen the state's housing crisis – or solve it in a negative way – the founder of an online news outlet said during a recent interview.
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Wirepoints pinpoints myriad obstacles for Chicago's remaining middle class
According to an article in WBEZ News, the middle class is now nearly nonexistent in Chicago, which is causing concern among those who fear the changes this shift will bring with it.
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CTU-backed tax proposals are 'fringe lunacy,' says Wirepoints founder
A trio of taxes pushed by a coalition of activists and unions is nothing short of insanity, said the founder of an online news outlet during a recent interview.
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From Prairie State Wire
Illinios education officials want half the state's budget, Wirepoints warns
Illinois education officials are out to get half of the state's budget—and they just might—to the detriment of the state's taxpayers, according to an online Wirepoints newsletter issued earlier today.
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Wirepoints president calls CTU's proposal 'irresponsible'
Chicago Teachers Union's first contract proposal, delivered earlier this week to the city's mayor, asking—among other things—for a 5 percent pay raise, is "irresponsible," the president of an online news outlet said during a recent interview.
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Wirepoints founder Glennon disputes teacher union's Sharkey on city's financial state
Mark Glennon, founder of the website Wirepoints, disagrees with Jesse Sharkey, president of the Chicago Teachers Union, about the city facing a financial crisis.
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From Prairie State Wire
State facing huge debt for public-sector retiree health benefits, says Wirepoints
Illinois's "other debt disaster" is $73 billion in unfunded state retiree health insurance benefits and more than twice that amount owed over the next four decades, according to a special report issued this week by an online news outlet.
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'Mistake' to move airport ownership to pension, Wirepoints founder warns
Wirepoints founder Mark Glennon doesn't think Chicago's latest consideration to move ownership of the Midway Airport to the public-employee pension is a good idea.