Illinois Stops Paying Its Bills, but Can’t Stop Digging Hole
CHICAGO — Even by the standards of this deficit-ridden state, Illinois’s comptroller, Daniel W. Hynes, faces an ugly balance sheet. Precisely how ugly becomes clear when he beckons you into his office to examine his daily briefing memo. He picks the papers off his desk and points to a figure in red: $5.01 billion.
“This is what the state owes right now to schools, rehabilitation centers, child care, the state university — and it’s getting worse every single day,” he says in his downtown office.
Mr. Hynes shakes his head. “This is not some esoteric budget issue; we are not paying bills for absolutely essential services,” he says. “That is obscene.”
Answer by mancosmomma at 11:28 AM on Jul. 4, 2010
Answer by miriamz at 11:36 AM on Jul. 4, 2010
Our republican governor Mitch Daniels saw this coming and cut spending & cut waste in our government before it happened, So Indiana is doing better then all the states around us.
Answer by Natesmom507 at 3:48 PM on Jul. 4, 2010
Answer by mustbeGRACE at 5:38 AM on Jul. 5, 2010
Answer by Carpy at 11:45 AM on Jul. 4, 2010
Answer by NotPanicking at 1:36 PM on Jul. 4, 2010
Answer by NotPanicking at 2:26 PM on Jul. 4, 2010
Answer by Carpy at 11:18 AM on Jul. 4, 2010
Answer by mancosmomma at 11:47 AM on Jul. 4, 2010
Answer by itsmesteph11 at 11:59 AM on Jul. 4, 2010