By Amanda Robert | Madison-St. Clair Record
Can the average Illinoisan identify the opportunity costs when the state sends 25 percent of general revenues to its massively under-funded public pension systems?
|Rep. Jeanne Ives|
Illinois State Rep. Jeanne Ives, R-Wheaton, one of the most fiscally conservative members of the General Assembly, believes there are two ways law makers can help citizens understand the ongoing financial crisis in Illinois.
One is by pointing out that the $400 million needed just for teachers’ pensions could fund a lot of other needs in Illinois, including Monetary Award Program (MAP) grants for nearly 700,000 college students, more than 10,700 new teachers or 320 miles of resurfaced four-lane highway.
“Or, secondly you can just wait for the collapse when government cannot borrow any more money and folks lose their jobs, then maybe the electorate wakes up,” Ives said...
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