Illinois Pending Public Pension Disaster

Would you take out a payday loan to put a new roof on your house? That’s the direction Illinois is headed in its continuing failure to address the public pension disaster on its horizon. Our sinking credit rating means millions of dollars wasted in interest payments on important public projects. At the rate we’re going, Illinois soon will pump more of your tax dollars into its public employee pension systems than it spends on education for your children. Yet our legislative leaders say this crisis can wait until January for their attention. The U.S. Senate has no jurisdiction over this mess, but U.S. Sen. Mark Kirk is concerned about the consequences of inaction for his home state. He’s right. Do you agree? “Like” this post and help send a message to Springfield.

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