Chicago Council Approves Rahm's 2013 Budget | NBC Chicago: "His directive for the City Council was to stay the course and to speak up about pension reform. "Here is the hard truth," Emanuel said. "In less than four years, payments to meet our pension obligations will comprise 22 percent of the City’s budget – one out of every five dollars. That’s $1.2 billion of taxpayer money, and growing, each year after that.""
That's right Mayor--the problem is not going to just "go away." However it's going to require more than just talk--you need ACTION!