Chicago Public Radio
In this featured interview, Civic Federation President Laurence Msall discusses the financial debacle Governor Quinn faces in crafting Illinois' FY2010 budget. Problems include a large structural deficit, $54 billion in unfunded pension liabilities, and a decline in revenue with no plan of how to get through the crisis. The Civic Federation recommends that the state immediately stop spending money it cannot justify and prioritize that spending toward its core services.