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Pension, Medicaid changes sought in Illinois budget

SPRINGFIELD, Illinois (Reuters) - Illinois Governor Pat Quinn will call for cuts to escalating pension and Medicaid costs in his budget address on Wednesday to stop the two programs From devouring more of the cash-strapped state's general funds budget, top officials in his office said on Tuesday. The state's fiscal 2013 pension payment will hit nearly $5.25 billion or 15 percent of projected ......

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Published By: Yahoo - Wednesday, 22 February