Also in this playlist...
This transcript is automatically generated
So tempers flaring on the floor the Illinois state house lawmakers looking to -- crucial budget problems by reforming.
State employee pension programs Republican state rep Mike Foster about the C.
Was none too happy with the options before him.
You can't build up all the time.
-- -- -- -- -- boss went from there.
He sat down he's sitting down today he's a Republican he represents the 150 district in Illinois sir good morning -- you.
Martin -- you seem so calm at the moment.
Well you know what happened and -- are not -- -- normally I really don't normally act that way there was a you know as we're dealing with pension reform because of our large debt which is tremendous.
And we have been working together to try to come up with something that that will work.
That helps it not only cure the problem but also tries to meet those obligations -- the state had.
At 740 we get in a completely changed bill from the speaker of the house -- just decided on his own two create this bill.
And it had a tremendous shift to the local tax payers.
To local homeowners on the property tax instead of the state dealing with there -- probably -- way I understand embedded they would raise property taxes on some folks living downstate as opposed maybe -- -- around Chicago.
But what the bigger issue is how you figure out how to solve.
I huge budget brought -- here right.
Well you have you have the pension problem which causes that that it's 81 billion dollars.
Long term debt that has been created over the years we've got a.
-- nine billion dollar deficit in the budget which we can't.
Make up this year alone but we have reduced to trying to reduce this budget which we -- -- the next couple days.
Which will reduce last year spending by as much as six billion dollars.
As well as tied with -- a Medicaid reform that we just passed it reduces that budget by 2.5 billion.
Oh yeah yes it sounds like -- that are out.
Yeah I apologize but Arabs have been a lot of states are going -- thoughts about but I mean Illinois a gap has enormous here's that we found the budget gap for 2013.
California is -- fifteen billion.
Which is huge career but Illinois -- a much smaller state -- at one point eight billion goes from there in the Massachusetts.
Louisiana and Florida that those your top 5% and.
Right and and the thing is you can't continue to spend money you don't -- -- you know government's got to -- to stop growing so big.
But I've been trying to say that for years and unfortunately.
This has just been kind of -- -- for the last ten years spinning out of control now the pension from who has been a lot longer than that but the actual.
Budget problem that we have right now has been over the last ten or eleven years -- -- And how you're gonna solve -- we're gonna follow it because we've seen stories well we've we've watched him in Ohio we watched them in Illinois and just so many folks are going well this right now but when you go back to the to the alleged that the state house today.
It what are you gonna be line.
Well I'm gonna tell you that my hope is is that -- we sent a clear message yesterday.
That we will continue down a path of working together bipartisan manner understand.
This issue was an issue that.
We the Republicans have taken a lead on and -- the -- the rug had been pulled out from under me doesn't and and those things that we were trying to do and a sensible manner.
Word we're just don't win I tell you think that there -- -- I wouldn't you be a lot of fun at a Chicago Bears game.
You know -- I do believe it it it it it's an exciting time -- my my -- told me that before in my boss thank you for your time.
Thank you appreciate it.
Filter by section