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Illinois is insolvent: State requests a pension bailout from Congress

APRIL 21, 2020 | by Mike Shedlock | MISH TALK

By Mike Shedlock, includes “… Trump could easily have passed national bankruptcy reform in his first Congressional term but he failed to do so. Now Democrats would likely block it. Two Things -- Bankruptcy Reform, Pension Reform. Illinois needs both, and both are up to the state, not the federal government.”

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