Chicago Watchdogs Blast Governor's Proposed Cuts to Pension Payments

Shields, Yvette
May 2004
Bond Buyer;5/4/2004, Vol. 348 Issue 31876, p4
Trade Publication
Reports on the reaction of the civic watchdog group Civic Federation of Chicago, on the refusal of Illinois Governor Rod Blagojevich to use income tax increase to help balance the proposed 54 billion dollars fiscal 2005 budget in Illinois. Opposition of the group on Blagojevichs' plan to trim the state's pension obligation payment; Basis of state budget officials to trim the payment owed to the pension system; Caution issued by the federation to lawmakers against proceeding with new retirement program.


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