If Pennsylvania does nothing about its $47 billion-and-rising unfunded pension liability, an Illinois-sized shadow could loom over the Keystone State.

Gov. Tom Corbett’s proposal to revamp Pennsylvania’s two public pension systems is before the legislature. Unfortunately for supporters of the bill, many other thorny issues are up for debate over the last three weeks of the session, including the sale of state liquor and lottery systems, and transportation funding.

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