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Illinois state budget: 1 in 5 dollars goes to pensions

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Illinois Gov. Pat Quinn will propose a $35.6 billion budget for the state this year, a whopping $6 billion of which will go to covering pension obligations. This will come at the expense of schools and education, the Chicago Tribune reported yesterday: The budget proposal the governor will present to state lawmakers Wednesday represents a 3-percent increase in spending over current levels but...

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