Green Social Thought

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Tag: public pensions

  • Saving Illinois: Getting More Bang for the State’s Bucks

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    by

    fitzdon

    Illinois is insolvent, unable to pay its bills. According to Moody’s, the state has $15 billion in unpaid bills and $251 billion in unfunded liabilities. Of these, $119 billion are tied to shortfalls in the state’s pension program. On July 6, 2017, for the first time in two years, the state finally passed a budget,…