Illinois has some serious financial problems. We’ve seen decades of fiscal mismanagement. It’s critical for our state that Illinois finds sound fiscal footing once and for all. Our biggest problems are pensions and Medicaid. This coming fiscal year, they will eat up 39 percent of the state budget, and drive our state even deeper into debt. That’s not good for our bond rating. That’s not good for Illinois. That’s not good for our communities, our schools or our businesses.
We need major reforms to fix Illinois’ broken pension systems. Delaying, deferring, or denying this challenge is not an option. This isn’t about politics – no matter where you stand, Illinois must address this problem. Today.