Illinois House deals setback to pension reform
Obviously Reuters is unfamiliar with our fair Speaker. He placed those proposals on the floor for the sheer experience of having them fail. Nothing happens in Springfield on the House side w/o Madigan’s approval and steerage. It has been that way since I began teaching in this state in 1981. He will either save us or destroy us. Time will tell, but one thing is for sure… He’s getting something out of whatever gets passed.
all of this is a smokecreen for the real solution – an increase in taxes. the democrats at some point , are going to say “we have tried several plans to reform pensions. everything has failed. nothing has any support. the only path open to us is an increase in taxes. what else could we do?”
the Republicans are totally irrelevant in this process because they have a super minority in the General Assembly. nothing they say has any effect on anything
as far as tax increase expect the income tax to be applied to retirement income and the sales tax to be applied to services . bottom line – everyone pays more to fund the pensions.
Don’t like it? Move!


