Update to Illinois Debt Report
Illinois Now Last In The Midwest

Illinois Now Last In The Midwest
Last October, Senator Kirk’s office released the Report on Illinois Debt with assistance from his Sovereign Debt Advisory Board. The report warned of a growing crisis in the State of Illinois due to expanding debts and unfunded obligations. Instead of taking steps to protect residents and businesses, Illinois’ leaders have: increased taxpayer liabilities, deteriorated the state’s fiscal environment and incurred an additional debt downgrade by Moody’s Investor Services.