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Chicago Pension Reform

Clip: 6/8/2014 | 5m 13sVideo has Closed Captions

Gov. Pat Quinn signed the Chicago pension reform bill today. We analyze his decision.

After a long wait, the Governor today finally signed the bill into law that reforms two of the city's underfunded pension systems. The governor urged City Council to avoid using property tax hikes to fund the new law, and the mayor responded by taking property tax hikes off the table in the first year of the new law.

06/08/2014 | Rating NR

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