Thursday, May 31, 2012

IL Rep. Mike Bost (R) Is Furious Over Pension Reforms (Loses His Mind)

Videos embedded below.

"Incidentally, what caused it is the state’s pension crisis. Surprise:

GOP state Rep. Mike Bost flew into a rage after leaders of the Democrat-controlled General Assembly submitted an 11th-hour plan to overhaul the state’s pension fund that excludes Chicago residents from sharing in the financial burden…

The bill would instead shift the costs to suburban and down-state school districts, which could result in an increase of local property taxes in those more conservative regions.

The Democratic leaders and other supporters of the plan argue the proposed change is fair because the property taxes of Chicago residents pay the retirement fund for city public schools, and the state pays part of the fund for down-state teachers, according to the Herald & Review newspaper.

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