Illinois Wants A $40 Billion bailout: An Illinois family of 4 now owes more in unfunded (state govt employee) pension liabilities ($76,000) than they earn in household income ($63,585)
Taxpayers in Illinois must fund lavish retirements for state employees while they suffer under the yoke of excessive taxation. But now the state employees (and their paid for representatives in government) want a US TAXPAYER funded bailout to make sure they continue to live in the lifestyle to which they’ve become accustomed.
(From Open The Books)
Last week, the Illinois State Senate President Don Harmon (D-Chicago) wrote a letter to Congress requesting a $41.6 billion bailout…
…We found tree trimmers in Chicago making $106,663; nurses at state corrections earning up to $277,100; junior college presidents making $491,095; university doctors earning up to $2 million; and 111 small town managers who out-earned every governor of the 50 states ($202,000).
Reprinted from: https://www.ac2news.com/2020/04/illinois-wants-a-40-billion-bailout-an-illinois-family-of-4-now-owes-more-in-unfunded-state-govt-employee-pension-liabilities-76000-than-they-earn-in-household-income-63585/