• Quinn: Budget ‘difficult’ because of pension

    by  • March 4, 2013 • News

    Gov. Pat Quinn says the state budget he’ll present this week will be “hard and difficult” because of Illinois’ massive pension debt.illinois+budget

    The Democrat told reporters Monday he has to lay out the facts for the lawmakers to see the strain Illinois’ nearly $100 billion in unfunded liability is going to affect other areas. He says that includes education.

    Quinn gives his budget address Wednesday, when he will unveil his spending priorities for one of the nation’s most cash-strapped states, but the $30 billion-plus operating budget will be shaped by many forces he can’t get under control.

    His administration has already projected a cut of about $400 million to education.

    Quinn says the agreement reached with the state’s largest union last week is a good step forward.

    After 15 months at the bargaining table, Quinn’s administration and the American Federation of State, County and Municipal Employees reached an agreement where workers will pay more of their health costs.