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Gov. Rauner Spars With Chicago Mayor Over Water Taxes

  The battle between Illinois Gov. Bruce Rauner and Chicago Mayor Rahm Emanuel continues after the city council voted to raise water and sewer taxes.

Emanuel wants the money to go toward underfunded city pensions.  He also needs Rauner and state lawmakers to approve his plan to change pension benefits.

But Rauner is critical of the mayor’s proposal.

"My concern with the proposal so far, is they’re largely based upon re-ramping the payment schedule and slowing down the payment schedule and backloading it," he said.  "That’s what we’ve done in Chicago for decades and it’s the reason Chicago has the worst credit rating of any city other than Detroit.

Rauner also warns Chicagoans that the increase in water taxes could be the tip of the iceberg if Mayor Emanuel doesn’t support the governor’s economic reforms.