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Illinois Legislature Adjourns Without Addressing Pension Crisis
Reuters Link to more items from this source
June 2, 2013

"The Illinois legislature ended its spring session without final action on two major proposals to reform its deeply underfunded pension system ... [Springfield's] two most powerful politicians -- House Speaker Michael Madigan and Senate President John Cullerton, both Democrats -- were unable to find a compromise to address the state's $100 billion unfunded pension liability."

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