Illinois Still Has Serious Fiscal Problems after December 2013 Pension Law Changes
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January 2, 2014
#David Merriman ,
#Fiscal and Economic Policy ,
#Illinois State Budget ,
#Legacy Report ,
#Public Pensions
Illinois has a chronic, structural fiscal problem so huge that it cannot be eliminated by increases in economic growth alone, increases in taxes alone, or—alas— aggressive pension changes alone.
