The Democratic-led Legislature needs to reel in government pensions on its own during the upcoming fall veto session and not expect any financial lifeline from Washington, a group of leading congressional Republicans said in a letter Sunday to the four legislative leaders and Gov. Pat Quinn.Now you know what Obama's new jobs bill is all about: bailing out government workers.
“We can say with clarity: There will be no legislative bailouts from the U.S. House of Representatives. The federal government is already borrowing over 40 cents of every dollar it spends — a sad reality House Republicans are working to correct. Given that incredible fiscal weight and the pressures facing many other states in our Union, the federal government cannot be expected to take on these additional obligations,” the joint statement from 19 House Republicans read.
The letter bearing signatures from U.S. Rep. Peter Roskam (R-Ill.) and other members of the Illinois GOP delegation along with the influential chairmen of eight House committees, including U.S. Rep. Paul Ryan (R-Wis.), urged Springfield to “seize the opportunity to appropriately reform the state’s public pension systems to address their massive unfunded liabilities – and to do so by your own means” during the veto session.
Monday, October 17, 2011
Republican House tells Ill. Gov.Quinn: Don’t expect pension bailout
The Chicago Sun-Times reports: