Pritzker budget takes from college students, gives to pensions – Illinois Policy

Pensions now eat nearly half of the state’s higher education funding, up from just 10% in 2007. Pension spending, adjusted for inflation, went from from $256 million to $2.11 billion, a 510% increase in 15 years, yet the State Universities Retirement Fund has less than half of what it needs to keep its pension promises.

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Gov. Pritzker is using the threat of budget cuts to get more tax hikes passed – Wirepoints joins Tom Miller of WJPF Carbondale

Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.

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