How unsustainable is our state’s toxic brew of unfunded pensions, deficit spending and government handouts? In its “States in Fiscal Peril” report, the Pew Center on the States describes Illinois’ devastating financial condition as among the worst in the country. “Illinois entered the nation’s fiscal crisis in a precarious position. Since the last recession earlier [...]
Entries Tagged as 'state finance'
State of insolvency
November 12th, 2009 · 32 Comments · budget, state politics
Tags: Pew Center·state finance