Article updated: 1/2/2013 6:37 PM

Quinn: Pension crisis is Illinois’ ‘fiscal cliff’

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Gov. Pat Quinn wants lawmakers to send him a pension reform bill by Jan. 9.

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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 news release Wednesday, Quinn says 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.