Gov. Rauner suggests bankruptcy for towns to fight pension woes
The governor made no mention of the idea during his State of the State speech Wednesday, instead burying the concept in a list of talking points the administration distributed to lawmakers. Rauner aides would not elaborate on how it might work.
But the single sentence calling for the state to “extend to municipalities bankruptcy protections to help turn around struggling communities” mirrors a proposed law introduced last month by state Rep. Ron Sandack, R-Downers Grove…Please click here to read Kim Geiger, Hal Dardick and Joe Mahr’s story in the Tribune.