Will Obamacare Bail Out Cities?

When Rahm Emanuel was Barack Obama’s Chief of Staff, little did he know he’d be helping craft a law that would help him as the future Mayor of Chicago. Many American cities failed to put away enough money for current and former government workers.  Rahm Emanuel and powerful Democratic Party interest groups would like the federal government to bailout their pensioners. While the unions are less shy about looting federal taxpayers, Emanuel is working hard getting federal help.

Emanuel needs to cut costs immediately to prevent more downgrades from the bond rating agencies.  One of Emanuel’s creative financial techniques involves the use of Obamacare as way of pushing some financial costs from the city of Chicago budget onto the federal government.  Many retired workers don’t like or want Obamacare.  The Chicago Sun Times reports :

Chicago’s 30,000 retired city employees are trying to stop Mayor Rahm Emanuel from saving $108.7 million — by phasing out the city’s 55 percent subsidy for retiree health care and foisting Obamacare on them.

One week after an unprecedented, triple-drop in Chicago’s bond rating, retirees have filed a class-action lawsuit against the city and its four employee pension funds that threatens to make the financial crisis even worse.

The suit argues that the Illinois Constitution guarantees that municipal pension membership benefits are an “enforceable contractual relationship which may not be diminished or impaired.”

Chicago’s retired workers aren’t the only individuals unhappy with Obamacare.  IRS workers don't want Obamacare but likely will find they can’t keep their current health insurance.  All of this is providing massive strains on the Blue Model coalition of government workers and the Democratic Party.  In Chicago, at least retired government workers can know who to blame for their change in health insurance if they lose their lawsuit. Mayor Rahm Emanuel not only was instrumental in getting Obamacare passed but now he’s dumping Obamacare on thousands of workers as Chicago’s Chief Executive.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Our commitment is to provide

Our commitment is to provide our customers the best shopping experience possible with our personalized customer service at a safe and secure environment. We proudly stand behind the quality of products that we sell because we believe in providing our customers the best quality and affordable fine watches together with excellent customer service
http://7star.pk/prices-drop
http://7star.pk/27_bonito-watches

I work in pharmacy, and I

I work in pharmacy, and I will say that my number one counseling point when showing patients these nasal rinses is to tell them 100% do not use tap water.
Thanks to author...

Unick way for Savings

The new insurance policy of President Obama will give a better savings and a tax relaxation to tax payers. And also it is unique like all insurance types it covered. But here the matter is if you do not trust the policies whether it is investment or not just be care full for all investments. So here just search all the options and go for a nice quote for all your insurance like life insurance.
http://www.paytonins.com/life-insurance-quotes-california.html

I would..

I would like to thank you for this excellent information!!
berkshire pork

Apple passbook

We can purchase ready-made fertilizer or maybe compost coming from industry, we all furthermore do-it-our personal in a very natural technique. Keeping your materials with a Apple passbook place, sunlight ray along with humid allows along with motivate the particular beneficial advantageous bacteria including earthworms; which allows for your decomposition procedure coupled. This formula associated with fertilizer change from one to different, we all chose the right along with efficient a single.

Nice post!

I like how this article's lead holster, because it is great thanks,Yoga For Weight Loss http://ireport.cnn.com/docs/DOC-1150509

I know little about Rahm

I know little about Rahm Emanuel before,but with the policy in future can make people live happy.thunder-link

Great post i must say and

Great post i must say and thanks for the information. Education is definitely a sticky subject. i really liked this ! thank you!Online Personal Training

very interesting post.this

very interesting post.this is my first time visit here.i found so interesting stuff in your blog.This article is well worth you enjoy. ffxiv gil

We can purchase ready-made

We can purchase ready-made fertilizer or compost from market, we also do-it-our self in a natural way. Keeping our material at a place, sun ray and moist helps and encourage the useful beneficial bacteria like earthworms; that helps for the decomposition process along. The composition of fertilizer vary from one to other, we chose the right and effective one. fish and seaweed fertilizer

I was browsing some sites

I was browsing some sites that may help my queries to have its corresponding answers. Having found this one here, I like it very much, and I am looking forward to Hearing from your next.fifa 14 coins

thank you

His policies may be beneficial to many people, especially for the American citizens themselves

geraibukumuslim.com
infocrystalx.com

Why I don't feel the

Why I don't feel the Obamacare health system policies, it's been introduced years ago and seems no effectiveness been done to health care system, and I personally feel nothing change with my health management but instead I am paying for no reasons of some terms covers in my policy which is not supposed to be. I rather choose private regulators like those health organizations and insurers featured at http://www.interactivecare.ca/.

Facts about Obamacare

Every American should know certain facts about Obamacare. Obamacare or Affordable Care Act provides thousands of health care benefits to the people in their concerned regions; it helps to develop the health care system of the country. In most of the regions people were getting mixed reviews on Obamacare and I hope Obamacare is able to deal remove the negative signs of health care from our regions or from our health care policies.

fertilizers www.producers-council.org

I use it in my car to connect portable audio, and am confident it will last a long time. I am a very experienced cook and I've loved this oven, every day, from the morning toast to baking polenta or a casserole or cake for supper. Will not stop the raccoon's though.They know how to stick their paws through the holes and flip the seeds out. She doesn't hide her bias, and her criticisms frequently carry a powerful sting. Best Fertilizer For Tree Peonies http://www.producers-council.org/
The rest of the book is some basic biographical material. Great purchase and not just for a dentist office! The next chapter is also reasonably well focused - perhaps too focused. Fertilizer Injectors Hose End Sprayers http://www.producers-council.org/1/fertilizers/?pagenum=3 Organic Fertilizer Raspberries

Thanks on your marvelous

Thanks on your marvelous posting! I actually enjoyed reading it, you happen to be a great author.I will ensure that I bookmark your blog and will come back someday Sea Horizon

Actually go a step further

Modify the law to allow any employeer to move their employees to the exchanges with any subsidy the employeers desire. It would reduce the HR costs of the employeer, as there would no longer be any work involved in deciding and negotiating on a health plan. Over time everyone would migrate to the exchanges. You would then eliminate the penalty for not providing insurance. Essentially this is the equivalent of the Wyden Bennett model of moving everyone on the the Federal Employees Health Plan, which was not allowed to be voted on the in the Senate.

Chicago’s 30,000 retired

Chicago’s 30,000 retired city employees are trying to stop Mayor Rahm Emanuel from saving $108.7 million — by phasing out the city’s 55 percent subsidy for retiree health care and foisting Obamacare on them.

Top Ten Web Hosting

The European Central Bank is

The European Central Bank is imploring European leaders to make a decision as to their nations' commitment to the euro, reports Reuters. A definite direction and greater defense against bank runs might be the only things that will keep the European Union from slipping into a fiscal chasm - and pulling the rest of the world down with it. If you need some financial help in these hard economic times, you can get a cash advance.See more at:

https://personalmoneynetwork.com/