CHICAGO – Warning of unprecedented fiscal woes, Illinois lawmakers put public-sector unions on notice Thursday that they are considering a measure to cap wage increases.

State Rep. John Bradley, a Marion Democrat who is among those sponsoring the House joint resolution, said the state has already made too many financial promises it can’t keep and must fight just to keep vital services and prevent a collapse of the public pension system – underfunded by at least $85 billion.

“There is no magic pot of money that can be found to pay for all the things we want,” Bradley said.