Crisis in Illinois (and Across the U.S.): Government Worker Pensions Pose a Threat to America’s Future
by Gretchen Randall, Tom Randall
Capital Research Center
September 11, 2013
Illinois, long famous for scandalous government and powerful unions, leads the country in calamitous sweetheart pension deals, made by politicians and the labor bosses who support them. But the state’s near-$100 billion pension shortfall is just the tip of America’s trillion-dollar-plus pension iceberg. Every American—and our children and their children—are on the hook for these corrupt bargains.