Tag Archives: Chicago’s pension crisis

Never let a crisis go to waste: Rahm Emanuel calls for gas tax increase

He apparently hasn’t seen what is happening in France.

From ABC 7: Chicago Mayor Rahm Emanuel and members of the Metropolitan Mayors Caucus are calling on lawmakers to raise the gas tax as part of a capital bill to pay for much-needed transportation infrastructure repairs and improvements.

The proposal would raise the gas tax by 20 to 30 cents per gallon.

It may seem like a big ask, but Mayor Emanuel and others believe there is a bigger problem with the state’s transportation infrastructure, particularly in the Chicago area, that cannot be ignored any longer.

“This has to be about achieving a permanent fix to our chronic transportation funding shortages,” said Joe Szabo, Executive Director Chicago Metropolitan Agency for Planning. “We’re at a crisis point and the worst thing we could do now is to settle for a short term funding solution that will put us back in the same situation five or ten years from now.”

The Chicago Metropolitan Agency for Planning, or CMAP, represents 285 communities in seven counties.

In the mayors’ proposed 20-to-30-cents per gallon increase, every five cents would provide an estimated $250 million in revenue statewide, including $20 million for Chicago. The money could be used to pay for road, bridge or rail improvements.

“If you take the lower range, the 20 cents, and since we haven’t raised it since 1990, that would be just about equal to what inflation was since 1990, that’s just catching up to where we were,” Emanuel said.

Chicago drivers are already paying one of the highest motor fuel taxes in the country, 49 cents a gallon, plus another 10.5 percent sales tax on top of that. The thought of raising it even further seemed jarring to some.

“Yikes. That’s pretty steep,” said Linda Sandoval, driver.

“There’s got to be a better way to find that money. They do need repair, but there’s got to be other means to get that money besides from a gas tax,” said driver John Heider. “It seems like we’re being penalized to get to and from work.”

The Illinois Petroleum Marketers Association said the proposed tax hike would be disastrous to retailers, especially those near state lines.

Wednesday Mayor Emanuel will roll out another plan to deal with the city’s pension problems. A source confirmed he will call for the legalization of marijuana, and a Chicago casino with all the revenue going to pay for the city’s pensions.

He will also push for a constitutional amendment to eliminate the pension protection clause.

DCG

Better than Drudge Report. Check out Whatfinger News, the Internet’s conservative frontpage founded by ex-military!

Please follow and like us:
error0
 

The Chicago Way: Bill Daley to enter Chicago’s mayoral race

Not the solution to Chicago’s corruption…

If anyone can fix the demorat corruption in Chicago, it’s certainly a Daley 🙂

Bill Daley is the youngest child of former Chicago Mayor Richard Daley (1955 to 1976) and his brother Richard M. Daley is was mayor of Chiraq from 1989 to 2011. His father and brother were part of the Chicago political machine for over 40 years.

Bill served as the White House Chief of Staff to Obama from January 2011 to January 2012. He also served as US Secretary of Commerce from 1997 to 2000 under Bill Clinton. He’s well-versed with the demorat political machine.

Chicago has a long history of political corruption and has been under demorat “leadership” since 1931. That’s 87 years of failed leadership.

During the demorat’s reign, the city has developed many, many, many problems. Here’s a few of them:

  • Gun Violence: We all know how bad the gun violence is in Chiraq because their violent crime rate is higher than the US average. Chicago was responsible for nearly half of 2016’s increase in homicides in the US, though the nation’s crime rates remain near historic lows. In 2017, Chicago’s homicides outnumbered US military casualties 18:1.
  • Police Corruption: In January 2017, the DOJ announced that it had found reasonable cause that the Chicago Police Department (CPD) engaged in a pattern or practice of using force, including deadly force, in violation of the Fourth Amendment of the Constitution.  The department found that CPD officers’ practices unnecessarily endanger themselves and result in unnecessary and avoidable uses of force.
  • City Budget Deficit: This summer, Chicago faced a nearly $98 million gap in its upcoming operating budget.
  • Pension Deficit: The city has $28 billion in underfunded contributions it owes to its pension systems. The city is considering borrowing $10 billion on bonds to pay for what they can’t afford. That’s liberal logic for you.

Does anyone really believe that electing another Daley will help Chicago solve the multiple crises they face?

MyFoxChicago reports that Bill Daley will announce soon that he plans to enter the mayor’s race. There are more than a dozen candidates running for mayor and Rahm isn’t one of them.

Good luck Chicago…you’re going to need it!

DCG

Better than Drudge Report. Check out Whatfinger News, the Internet’s conservative frontpage founded by ex-military!

Please follow and like us:
error0