Newsletter
Charting Illinois’s fiscal future
Abstract: The state of Illinois has been facing a precarious fiscal situation for the past several years. According to the Civic Committee of the Commercial Club, Illinois has accumulated over $120 billion in total indebtedness. This works out to nearly $25,000 per household. Even in the short run, Illinois faces a budget deficit in excess of $11 billion in the next budget year.
Keywords: Budget deficits; Budget;
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File(s): File format is application/pdf http://www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2010/cflaugust2010_277c.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Chicago
Part of Series: Chicago Fed Letter
Publication Date: 2010
Issue: Aug
Order Number: 277c