Breaking News Bar
posted: 1/27/2014 5:00 AM

Keep Illinois from becoming 'next Detroit'

hello
Success - Article sent! close
 

Thanks for the report about the pension crisis on the front page of the Jan. 21 Daily Herald. Illinois citizens need to understand that the pension and deficit crisis are still getting worse. We must pass our financial concerns about Illinois to the politicians running for office in 2014.

I was pleased when our Illinois representatives and governor passed pension reform legislation in late 2013. Although this pension legislation is facing a legal battle, the financial savings are of critical importance to our state's survival. However, these pension savings are not nearly enough to reduce the entire deficit in Illinois. Our citizens must demand that our politicians find solutions to balancing our budget during every legislative session. One result of Illinois politicians not addressing their fiscal responsibility is the citizens of Illinois getting fed up and leaving our state.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

According to the article in Investor's Business Daily on Jan. 21, Illinois had the highest out-migration from 2010-2012 of any state, except for Rhode Island. The net impact is fewer Illinoisans who are paying taxes to help pay our state's bills. If our pension and deficit problems are not solved quickly, then Illinois could become the "next Detroit."

Jim Letterer

Schaumburg

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.