State lawmakers looking to address Illinois pension debt with additional $500 million – Center Square

State Rep. Steven Reick said that this is the first time since he's been in office that a plan for addressing pensions has been formed. "We're starting, and that is something that hasn't been done since I've been in the General Assembly," Reick said. "We've actually taken the bull by the horns and have started to actually make plans for how we are going to fix this thing."
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Da Judge
2 years ago

Consider da Dems pols in Illinois and Sheeetcago and their masters da public sector unions like a Black Hole.
 
How do you stop da Black Hole from sucking in more and more of your wealth via higher and higher taxes.
 
Get as far away as you can from it.
 
Illinoisans, vote with your feet and flee da Illinois Black Hole!!
 

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Poor Taxpayer
2 years ago

Talk is cheap, $500 million doesn’t mean Schitt when you are over $200 Billion short.

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mqyl
2 years ago
Reply to  Poor Taxpayer

Yes, it’s awful for the IL General Assembly to brag about throwing less than one-quarter of one percent at the debt as being a noteworthy achievement. Also, I recall a Stanford think tank among others saying IL’s estimate of the pension and health care benefits debt is quite low.

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