It’s a classic case of Three-card Monty.
Or which shell has the pea?
Yesterday HB 1673 had two major provisions: A shift of the pension obligation from the state to local school districts. And an attack on retiree pensions.
GOP House Leader Tom Cross didn’t like the obligation shift and promised no Republican support.
Democratic Governor Pat Quinn wanted the attack on pensions.
Democratic Party Chairman and Speaker Mike Madigan shrugged and said, “Okay. If that’s what the one-term governor wants, I’ll give it to him.” He handed the bill’s sponsorship over to Cross. That means no obligation shift. It will mean the bill will be aimed only at teachers’ pensions. Shared sacrifice indeed.
Even though Republican Cross is now the bill’s sponsor, don’t be fooled. If it passes the House and Senate today, it will be done by Democrats.
Madigan’s too sharp to take the fall on this one. He’s handing it Quinn.
Make the call. Tell them 360,000 TRS members will remember who did this to them.