Sunday, April 25, 2010

Illinois public-sector pension fund will be broke in eight years

With sarcastic glee, WLS-AM's Don Wade & Roma replayed the "Raise my taxes" chant made by the 15,000 public-sector union members who were bused into Springfield, Illinois to demand more taxpayer money for themselves. They are in favor of Governor Pat Quinn's proposal to raise the state income by 33 percent.

But as Doug Ross reports, the Illinois' public-sector union pension are in worse shape than previously reported, the till will be empty in eight years...or less.

Oh, the tax-eaters will get a good scare, but don't worry, the state will have to make up the difference. Unless of course Illinois defaults

Besides the unions, Illinois politicians, including, but not limited to Rod Blagojevich and his running mate, Governor Pat Quinn, are to blame for this mess.

Let's right the ship and send Bill Brady to the governor's mansion in November.

Related post:

Tough mom fights back against unions and Pat Quinn

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