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Kirk Report - Illinois Debt

Tuesday, Oct 11, 2011

The trajectory of Illinois fiscal policy over the last decade has put the State on a path to insolvency. Despite unprecedented tax increases, the State spends more than it collects and must borrow money at an alarming rate to meet current obligations. Illinois has also accumulated over $145 billion in future pension obligations, more than half of which (56.8 percent) are unfunded.

To read the full report on Illinois debt, click the image below.

Chicago
230 South Dearborn
Suite 3900
Chicago, IL 60604
Phone: 312-886-3506
Fax: 312-886-2117
Map: Get Directions

Springfield
607 East Adams
Suite 1520
Springfield, IL 62701
Phone: 217-492-5089
Fax: 217-492-5099
Map: Get Directions

Washington, DC
524 Hart Senate Office Building
Washington DC, 20510
Phone: 202-224-2854
Fax: 202-228-4611
Map: Get Directions