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Ann Lousin - Pension Crisis in Illinois
Ann Lousin began her career as a research assistant at the Illinois Constitutional Convention in 1970, and since 1975 has taught law at the John Marshall Law School in Chicago. She teaches courses on the Illinois Constitution, and is considered to be Illinois's expert on the subject. Ann discusses the state's pension crisis from this perspective, especially the pension provision of the constitution. Also discussed are Governor Jim Edgar's attempt to 'fix' the problem in 1995, bond sales and the pension holidays of the 2000s, the temporary income tax increase and Senate Bill 1 of 2013.