States Made Risky Bets with Pensions Before Coronavirus. Now They Want a Bailout – Washington Free Beacon

Andrew Biggs, a pension expert at the American Enterprise Institute, told the Washington Free Beacon that a bailout for Illinois could break the dam of federal funding: "If Illinois got money, then everybody's going to ask for it, because all of these pensions have some level of funding problems. I think this is the feeler to see what happens."

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