Illinois governor urges pension, Medicaid changes

1 February 2012, 12:48 pm

(Reuters) - Illinois Governor Pat Quinn on Wednesday said the state must make changes to its pension system and to Medicaid this year, while also insisting that spending cuts alone will not fix the state's budget. A financial watchdog group recently forecast that Illinois' pile of unpaid bills will quadruple to $35 billion in five years, while Moody's Investors Service cited inaction on pensions ...... Read More »

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