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Rauner plays fast and loose with city pension relief

from Crain's Chicago Business

Gov. Bruce Rauner recently gave Mayor Rahm Emanuel good reason to be ticked off with him. Actually, he gave everyone who has even a passing interest in Chicago's fiscal well-being good reason to be ticked off with him. Rauner's offense: He vetoed legislation that would have enabled the city to pump critically needed money into two municipal pension funds nearing insolvency. Without this infusion, the funds will fall further into arrears, meaning the bill will be that much bigger when it's paid off. more


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