Great News! Illinois is only $7.6 Billion Behind in Paying its Bills

Great news, Illinois! In nine months, state government will be only $7.6 billion behind in paying its bills. That’s a 14 percent reduction, reports the Civic Federation, reports the Civic Federation of Chicago. But it’s also the most fragile of reductions – pension costs that continue to rise and other variables could delete it, the group warns.

Advertisements
Post a comment or leave a trackback: Trackback URL.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: