Pay withheld from Illinois lawmakers starting tomorrow

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Starting August 1, paychecks will be withheld from Illinois lawmakers.

Governor Pat Quinn vetoed their salaries after lawmakers failed to act on pension reform.

A court could still order the paychecks to be issued or lawmakers could vote to override Quinn’s veto.

The governor is voluntarily giving up his salary until the  pension reform crisis is solved.

Illinois’ debt problem has led credit agencies to downgrade the state’s credit rating several times,  making it more expensive for the state to borrow money.

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