"The explosive growth in the state pension payments means every other part of the budget has less money" $400M less for education in Illinois

Ray Long:

Gov. Pat Quinn's administration is projecting a $400 million reduction in education spending in the next budget after the state failed to rein in government worker pension costs.

If that holds up, the governor would unveil a financial blueprint that would result in state education funding going down for the third consecutive year. The move also would be part of a broad-based, across-the-board slice made throughout most of state government. Among major exceptions would be health care spending for the poor, which is expected to rise after cuts last year, and public safety, an area projected to be mostly flat after the recent closure of two prisons, according to new preliminary figures.

"The explosive growth in the state pension payments means every other part of the budget has less money," said Abdon Pallasch, Quinn's budget spokesman. "The pain's going to get worse and worse every year before we fix this pension problem."

Posted by Jim Zellmer at January 21, 2013 3:42 AM
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