Daley: Quinn should hold marathon talks on pension crisis

Daley: Quinn should hold marathon talks on pension crisis

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CHICAGO (FOX 32 News) -

Former White House Chief of Staff Bill Daley is calling on Gov. Pat Quinn to hold around-the-clock talks to resolve Illinois' $97 billion pension shortfall, after missing numerous deadlines.

Daley held news conference in Chicago on Monday to urge the governor to get more aggressive in trying to solve the worst-in-the-nation crisis.

Daley has formed an exploratory committee as he considers running against Quinn in next spring's Democratic primary. He sounded very much like he was officially on the gubernatorial campaign trail Monday, as he called on Quinn for more aggressive action to work toward a solution to the pension crisis.

After Attorney General Lisa Madigan announced last week that she would not vie for the democratic candidacy in the election for Illinois governor, Daley has increased his public challenges of Quinn's "lack of leadership" as it pertains to the state's growing pension liability. Daley said that seven weeks have gone y without action thus far.

"We've seen over the last seven weeks since the legislature left Springfield, a lack of leadership in trying to bring to resolution the fiscal crisis," Daley said. "We've had two special sessions, we've had two meetings of the legislative leaders, and we've had a conference committee appointed that has met by which the governor though would not meet with them. They're to meet tomorrow, but here we sit, now going towards August, without any realistic possibility it looks of a resolution soon."

Daley campaign spokesman Pete Giangreco told The Associated Press on Monday that "a confluence of issues" in the last week has increased the urgency for Illinois lawmakers to solve the state's pension problem.

Giangreco says that includes the lowering of Chicago's bond rating, Detroit's bankruptcy and a higher Illinois unemployment rate.

He says the state's problem is "beyond a crisis now."

Bill Daley said if he were governor, he would call the legislative leaders in to the executive mansion and not let them leave until they came up with a solution.

The Associated Press contributed to this report.

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