Monday, June 06, 2005

Rod of Springfield, steals from the pensions, gives to the special interests

And Illinios balances the budget, again, on the backs of pension funds. Blagojevich reminds everyone that the budget was balanced without raising taxes, but his version doesn't include raids on the pension funds. $313 million has been slated for education, but they took more than that from the teachers' pension fund, already the most underfunded pension fund in the country.

To get a better scope on what's going on with the teachers' pension in particular, and state pension funds in general, StudentsFirst Illinios does a good job.

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