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Madigan’s fiscal legacy: How the longest-serving state house speaker built Illinois’ mountain of debt

AUGUST 27, 2020 | by Adam Schuster | ILLINOIS POLICY INSTITUTE

By Adam Schuster, includes “… Madigan has used his power to build unprecedented levels of state debt, primarily by helping secure for politicians and public union workers generous retirement benefits that have proved unaffordable for the private sector workers and businesses who fund Illinois government. … The late former Gov. James Thompson, who signed the legislation, also got a special pension boost. …”

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