Скачать или смотреть Illinois Bond Rating Downgrade and Pension Crisis Explained | Metro Talk 2012

This 2012 Metro Talk episode provides an in-depth analysis of Illinois' financial challenges, focusing on the state's recent bond rating downgrade by Standard & Poor's due to pension system inaction. The discussion highlights the political blame game among Governor Quinn, Democratic and Republican leaders, and the impact of an $83 billion pension deficit on Illinois' economy. The episode also examines the consequences of increased borrowing costs, the state's budget deficit, and comparisons with California's pension reforms. Additional topics include arbitration on Illinois prison closures and regional infrastructure issues. This video offers valuable insights into Illinois politics, public finance, and pension reform debates from 2012.