Illinois Policy Institute Executive Vice President Kristina Rasmussen appears on FOX News' "America Live" with Megyn Kelly to discuss pension reform in Illinois.
Rasmussen warns that without lasting reform, states like Illinois may seek federal bailouts for their failing pension systems.
The conversation explores the depth of the problem and the as yet shallow attempts at reform initiated by Gov Quinn's Administration, including a recent grassroots campaign featuring Squeezy the Pension Python.