“The state’s entire fate flows from its ability to balance its books once and for all. Yet the new governor made no mention of it in his inaugural address.”

Comment: We don’t like it because he wants no pension reforms, but big salute to him for offering something detailed and specific. Other candidates are mostly just blabbering.

Comment: 200 pensioners have taken the deal so far. Illinois has over 970,000 pensioners. This program will not have a material impact on unfunded liabilities.