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Illinois pension bailout request reaction roundup – and why it’s a non-starter

APRIL 21, 2020 | by Elizabeth Bauer | FORBES

By Elizabeth Bauer, concludes “… Frankly, I find the idea that states whose budget holes now are the result of profligate spending in the past, should get ‘extra’ money by the federal government to fill those holes, dismaying. It feels depressingly unfair to states which have been responsible with their finances. But there may be little choice in the matter, for fear of causing even more harm if those states can’t cut checks for workers expecting them.” (Note: if it’s a non-starter, why is there “little choice in the matter?”)

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