- Chicago business leaders are launching a media blitz Friday to highlight the breadth of the state's dire budget problems under the theme "Illinois Is Broke."
The Civic Committee of the Commercial Club of Chicago says it's pouring about $1 million into a campaign through the November general election to mobilize voters and influence candidates to address the state's fiscal woes.
The non-partisan committee wants the state to reform its method of paying for the massively underfunded state pension systems, including the enactment of a plan that would give lower benefits to new workers.
In addition, the group called for scaling back overall spending. The state's pile of unpaid bills this year reached a record $5 billion.
Spending cuts aren't going to happen under democrats. They aren't going to happen under Illinois republicans either. The "Combine" has a death grip on Springfield and they aren't letting go unless voted out. They will almost certainly go for a two-tiered pension system before cutting any sort of spending.
Here's the IllinoisIsBroke.com website link.
Here's the IllinoisIsBroke.com website link.
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