News

Pension payments to eat up entire $5 billion tax increase, and more

July 17, 2017

By Greg Bishop, includes "Lawmakers overrode Gov. Bruce Rauner’s veto of a $36 billion budget July 6, enacting it into law. Under the newly enacted budget, the state will spend around $7 billion for public sector pension funds...Sheila Weinberg, the founder and CEO of the government finance watchdog group Truth In Accounting, said the planned payment is actually short of what’s needed." 

Read the full article on: Illinois News Network

 
 
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