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Illinois Senate Discusses Underfunding of State Workers' Pensions
Inside Illinois 
May 3, 2007
Excerpt: Gov. Rod Blagojevich proposed a plan for bolstering the state's pension system in his March 2007 budget address that involved leasing out the Illinois Lottery for $10 billion, refinancing the pension system debt by issuing $16 billion in pension obligation bonds, and obtaining additional funding through passage of a controversial $6 billion tax on business gross revenues called the Tax Fairness Plan.
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