Ted was on WTAD with Quaid earlier this week talking about Gov. Pritzker’s idea to transfer public assets, like the lottery or the tollways, into the state’s pension funds.
Lawmakers are desperate to make the pension crisis go away, so they’ve come up with a new plan that’s little more than a financial trick on taxpayers. Moving public assets to pensions is like moving money from one pocket to the other. The state will be no better off, but taxpayers will be harmed because politicians are once again delaying real reform to pursue a fake “fix” to the pension crisis, Ted said.
Listen to Quaid and the WTAD News Round Table interview here.
Read more details on Pritzker’s planned pension “fixes:”