Report Author: Illinois Has 'Unique' Debt Problem
Illinois has by far the highest state and local pension debt in the nation, and Chicago residents face almost $50,000 per person.
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5 Articles
Reason Foundation report: Illinois has ‘unique’ debt problem – Center Square – Wirepoints
According to a new report, Illinois is one of five states with more than $30,000 in debt per capita. With $31,582 in overall per capita debt, Illinois trailed only New York, New Jersey and Connecticut.
Report author: Illinois has ‘unique’ debt problem - Regional Media News
(The Center Square) - According to a new report, Illinois is one of five states with more than $30,000 in debt per capita. Mariana Trujillo, managing director of government finance at Reason Foundation, said state, county and local governments and school districts are accumulating a lot of unfunded obligations. "So this means there's a share of your taxes that are currently and will continue to go to paying for services and goods that were alrea…
Report author: Illinois has 'unique' debt problem
(The Center Square) – According to a new report, Illinois is one of five states with more than $30,000 in debt per capita.
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