State

Quinn: Pension crisis is Illinois' 'fiscal cliff'

CHICAGO – Gov. Pat Quinn is calling on lawmakers to resolve Illinois' pension crisis in the next week, calling it "our state's own fiscal cliff."

In a press release Wednesday, Quinn said he salutes President Barack Obama and Congress for coming up with a bipartisan solution to avert the so-called fiscal cliff and prevent "devastating fiscal disaster." He says Illinois legislators now must do the same in regard to the state's $96 billion pension crisis.

The Senate returned to Springfield on Wednesday for the start of the lame duck session. The House is scheduled to return to Springfield on Sunday.

Quinn said he wants lawmakers to send him a bill by Jan. 9, when the current session ends and new members take office.

He says Illinois can't move forward without pension reform.

Loading more

Digital Access

Digital Access
Access nwherald.com from all your digital devices and receive breaking news and updates from around the area.

Home Delivery

Home Delivery
Local news, prep sports, Chicago sports, local and regional entertainment, business, home and lifestyle, food, classified and more! News you use every day! Daily, weekend and Sunday packages.

Text Alerts

Text Alerts
Stay connected to us wherever you are! Get breaking news updates along with other area information sent to you as a text message to your wireless device.

Email Newsletters

Email Newsletters
We'll deliver news & updates to your inbox. Plan your weekend and catch up on the news with our newsletters.