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Illinois' Quinn Pressured To Roll Back Tax Increase

Posted on January 26, 2012

National Public Radio,

This “All Things Considered” segment examines the State of Illinois’ budget one year after last year’s income tax increase. Civic Federation President Laurence Msall said that even with the tax increase the State of Illinois still has an operating deficit of approximately $500 million. He added that with unfunded pension liabilities of over $80 billion, the State needs to make a significant effort to reduce pension costs.