The city of Chicago, a notorious sanctuary city that has, for many years, been a safe haven for criminal illegals who entered the United States not only without permission, but with lengthy rap sheets, is facing its most difficult financial period in recent history. Things were bad before, but Illinois Democratic Gov. J.B. Pritzker may have put his signature down on a piece of legislation that could lead to total economic collapse.
Pritzker’s bill, signed into law back in August, is being touted by many economists as one of the most financially reckless in the history of the state. The legislation includes pension “sweeteners” for police officers and firefighters hired after 2011. Experts have estimated the legislation creates a staggering $11 billion in new liabilities along with lowering the “funded ratio” of Chicago police and fire pensions to 18 percent.
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