Tag: islam

News Roundup: Chicago pensions could be insolvent

Chicago’s pensions are facing insolvency based on the city’s current and projected obligations, Chicago Tribune reported today. Firefighters, teachers, police officers and other city workers might find themselves in financial dire straits upon their retirement due to a draining of the system to meet short-term budget needs. Among the costly decisions made by city officials... Read more »

News Roundup: Dependence on government grew 14 percent last year

Americans, as a whole, became 13.6 percent more dependent on our government in 2009,  according to a new study by the Heritage Foundation. Housing assistance in particular saw the largest increase since the foundation created the Index of Dependence on Government in the 1960s. Welfare and low-income healthcare spending also spiked. More at chicagoreporter.com Also... Read more »