Rahm Has a Problem

Rahm "Dead Fish" Emmanuel has a problem. In 2015 Chicago has to come up with a $1.07B payment for its public employee pension fund. Putting this in perspective, that would be enough to pave all of Chicago's city streets covering 16,000 blocks. And where is he going to get it? Hizzonor announced that if no one else stepped up to the line, he will have to double property taxes. I'm sure that will encourage people and businesses to stay in Chicago. Detroit here we come!

www.breitbart.com/Big-Government/2014/03/12/Chicago-Mayor-Warns-of-Doubled-Property-Taxes-to-Fund-Spiraling-Pension-Costs