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A village of 8,000 people outside of Chicago has decided to outsource its fire department to save money, a move that the village's attorney said other small municipalities will soon replicate.

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Tucked away in nearly all public debates between Illinois Gov. Bruce Rauner, a first-term Republican seeking a second term, and Chicago entrepreneur J.B. Pritzker, a Democrat seeking his first elected office, is the $130 billion question: What is the state to do about its growing public pension debt?