If Illinois is going to embrace another public-pension-contribution holiday, shouldn’t the public be informed of what the financial consequences will be?
There’s no reason anyone should have thought that new Illinois Gov. J.B. Pritzker would propose some kind of magic-bullet budget proposal as part of his 2019-20 plan.
After all, Pritzker is confronting the same problem that Illinois governors have encountered going back to the early 2000s — he and legislators are determined to spend more than the state has.
That’s why he proposed, as a big part of his $39 billion spending plan, diverting $838 million that was to be used for public-pension contributions to support other spending plans.