For Illinois’ sake, pension rescue can’t be delayed
Lack of reforms hinders growth for businesses
I sent a letter to our state senators and representatives regarding the impasse in resolving our public employee pension fiasco. Despite the exceedingly dire financial circumstances confronting our state, the prevailing sentiment in the Statehouse continues to reflect complacency and inertia when so much needs to be done.
Despite the nearly $100 billion pension debt obligation that Illinois taxpayers face, it appears any sense of urgency to resolve this matter has greatly diminished. Restoring the state’s fiscal integrity is the single most important issue before the 98th General Assembly.
Our elected officials know something must be done. More important, their constituents know something must be done. Failure to resolve the public pension crisis has become a specter overshadowing all other major public policy and spending issues.
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