Statewide Update—Feb. 10, 2011

  • Chicago TribuneNew report details scope of public pension shortfalls, “Chicago’s Civic Federation will release a report Thursday that shows the unfunded liabilities for 10 city and county pension funds grew sixfold from 2000 to 2009, with shortfalls now totaling nearly $23 billion.”
  • Daily HeraldCook public defender joins Alvarez in balking against budget cuts, “The Cook County public defender has joined State’s Attorney Anita Alvarez in opposing cuts proposed by county board President Toni Preckwinkle, raising the possibility the 2011 budget could unravel within three weeks of the deadline for passage.”
  • Daily HeraldDaley, airlines can’t reach airport deal, “After a high-stakes powwow in Washington between Daley and airline executives, which U.S. Transportation Secretary Ray LaHood brokered, the parties said there was no agreement on what airlines should pay for the ongoing expansion at the major air-travel hub.”
  • (Gatehouse News Service) Peoria Journal StarCullerton: Pension cuts unconstitutional, “Illinois Senate President John Cullerton on Wednesday tossed cold water on the idea of reducing future pension benefits for current state workers, but House Speaker Michael Madigan appeared to forge ahead anyway.”
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