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January 27, 2016

Carol Marin discussd ideas for a bailout of Illinois' pension systems with CTBA Executive Director Ralph Martire, Ted Dabrowski of the Illinois Policy Institute, and Bob Reed from the Better Government Association.

Ideas ranged from low interest rate loans to cover the unfunded pension liability to the creation of a state chartered bank that could take advantage of the Federal Reserve System to finance the liability. Chicago Tonight's panel discussion focused on what the proposals mean, would they work, and are they feasible.

Source: WTTW Chicago Tonight