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Some aldermen give cold shoulder to utility tax hike for pensions

The Chicago Sun-Times reports:
Warning that a taxpayer �revolt is upon us,� aldermen on Tuesday gave the cold shoulder to Mayor Rahm Emanuel�s plan to raise utility taxes to save the largest of Chicago�s four city employee pension funds.

Top mayoral aides will hold a series of closed-door aldermanic briefings Wednesday to outline the mayor�s plan to reform and fund a Municipal Employees Pension fund with 71,000 members and $18.6 billion in unfunded liabilities.
Heh.

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