The state has had an expensive practice that will continue this year to rely on borrowing to fund the pension buyout. Laurence Msall More Quotes by Laurence Msall More Quotes From Laurence Msall The pension pressures will continue, and Illinois' financial challenges will continue, but at least there will be a framework to recognize there's a limit to the liability growth to this state. Laurence Msall top-news They don't have much room for any future borrowing. Laurence Msall us-news Decades of pension underfunding, failure of the General Assembly to provide pension reform, and the city of Chicago's years of reliance on debt to fund operations have put the city in this financial position. Laurence Msall politics In the modern era ... the state has never been in this poor of financial condition. Laurence Msall politics
