VIDEO: Rep. Ives Questions Pension Reform Sponsor

Last week during floor debate on pension reform, Rep. Jeanne Ives questioned the bill's sponsor, Speaker Michael Madigan, on how the state got into the current pension mess. The video below is their exchange.

 

Excerpt from May 2, 2013 WSJ article, Illinois House Backs Overhaul of State Pensions:

"Ahead of Thursday’s vote, Mr. Madigan acknowledged that the pension problem flowed partly from lawmakers and governors enhancing retirement benefits over the years and not always weighing the costs of their decisions. A spokesman for Mr. Madigan said the speaker accepts his share of blame, but was one of many who contributed to the problem."