Conservative Watch Dog: Pensions Could Bankrupt Illinois By 2015

CBS News reports:

A conservative watchdog group is warning of dark days ahead for the entire state unless Illinois mends it’s financial ways, and soon.


Taxpayers United President Jim Tobin, is essentially blaming Democrats with a two house super-majority for failing to act on pension reform.

“Illinois will be the first state to go bankrupt, unless pension reforms are implemented,” said Tobin.

And Tobin’s numbers suggest it’ll be sooner rather than later.

“Yeah, 2015 is about right,” said Tobin.

No word yet from former "un-reformer" State Senator Barack Obama on this subject.